Protecting Government Benefits With Special Needs Trusts

A special needs trust (SNT) is a trust designed to supplement the needs of an individual whose necessary medical or living expenses are paid through programs such as Medicaid or SSI. Because these programs are “means tested” — based in part on income — an SNT enables the beneficiary to continue receiving aid despite an increase in income or assets. In general, the excess funds are placed into the SNT which then pays for the beneficiary’s supplemental needs such as recreation and consumer goods not otherwise covered by government benefits. Here are a few examples:

Divorce and the disabled child. Disabled children who receive SSI risk a reduction or termination of benefits when one parent is required to pay child support. Receipt of child support can reduce SSI benefits by one third for children under age 18 and dollar for dollar for children age 18 and older. Instead of … Read More

Land Trusts In California

It is unlawful or unlawful for any passengers riding in a limousine to consume alcoholic beverages in the Ontario, Canada area. A lot relies on what country you’re in, the laws they’ve on such issues. Each slander and libel are considered ‘torts’, and carry with them authorized penalties (a tort is a authorized suit underneath civil laws). Who is aware of what individuals in the future will consider some of our laws right now.

Civil lawyers deal with lawsuits that involve people, businesses, and even the government. In Australia when the gun laws had been tightened, there was an amnesty and, more importantly, a buyback – so individuals bought paid to return guns. The influence of the complex tax code is probably not as severe to a citizen’s well being, but it surely certainly creates unnecessary fiscal stress to a individuals and a country already unable to live within its … Read More