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Factors to Consider when Picking Executor, Trustees and POAs

Factors to Consider when Picking Executor, Trustees and POAs

by Annette Hines | Feb 2, 2023 | Estate Planning, Special Needs Planning, Special Needs Trust

Having your estate planning documents created with an experienced special needs professional is important, as is naming the people who will be putting your plan into action. A key sticking point is often deciding who is the right person for the role, says an article...
How Trustees of Special Needs Trusts Are Compensated

How Trustees of Special Needs Trusts Are Compensated

by Annette Hines | Jan 18, 2023 | Estate Planning, Special Needs Planning, Special Needs Trust

Serving as a trustee of a special needs trust can be a time-consuming and complicated job, which is why trustees are almost always entitled to compensation for their services. Payment of trustees usually takes one of two forms: either a flat fee based on a percentage...
Estate Planning for Special Needs Children

Estate Planning for Special Needs Children

by Annette Hines | Aug 9, 2022 | Estate Planning, Parenting, Special Needs Trust

Part of providing comprehensive estate planning for families includes being prepared to address the needs of family members with special needs. Some of the tools used are trusts, guardianship and tax planning, according to the article “How to Help Clients With Special...
Using ABLE Accounts & Special Needs Trusts Together

Using ABLE Accounts & Special Needs Trusts Together

by Special Needs Law Group | Dec 28, 2021 | Estate Planning, Parenting, Special Needs, Special Needs Planning, Special Needs Trust

If you have a child with disabilities, it is crucial to set money aside for the child’s future. At the same time, you need to consider your child’s access to public benefit programs such as Medicaid and Supplemental Security Income (SSI), as well as the state and...
What Are a Special Needs Trustee’s Record-Keeping Duties?

What Are a Special Needs Trustee’s Record-Keeping Duties?

by Annette Hines | Dec 2, 2021 | Estate Planning, Special Needs, Special Needs Planning, Special Needs Trust

One of the most important roles in a special needs plan is that of trustee, the person who administers a special needs trust (SNT). Of a trustee’s many responsibilities, record-keeping is perhaps the most crucial. Because the trustee is managing accounts on behalf of...
The Perils and Pitfalls of Do-It-Yourself Special Needs Planning

The Perils and Pitfalls of Do-It-Yourself Special Needs Planning

by Annette Hines | Sep 29, 2021 | Estate Planning, Special Needs, Special Needs Planning, Special Needs Trust

Among the costs of caring for a dependent with special needs are the fees for professional advice. Some families are tempted to save on these costs by doing special needs planning on their own. This can be attractive because so much information is available online,...
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Recent Posts

  • Factors to Consider when Picking Executor, Trustees and POAs
  • How Trustees of Special Needs Trusts Are Compensated
  • Who Should I Name as a Co-Trustee?
  • Supported Decision-Making as an Alternative to Guardianship
  • No Will? You’re Putting Your Kids at Risk

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