A person with disabilities may need a little extra help throughout life to thrive within their particular set of abilities and limitations. Some individuals will require outside help from a parent or trusted family member to ensure that the disabled person will have...
Special Needs Trusts
Individuals can settle their own special needs trust with new law
Recent changes in legislation now allow disabled individuals more freedom to spend and save money without jeopardizing their Medicaid. A person in Florida can now choose to settle his or her own first party special needs trust without the aid of a...
Florida: What are third-party special needs trusts?
Those who rely on government disability benefits can face the loss of those benefits if their income and assets become too great. This forces individuals to choose between the benefits of financial investments or getting regular needed disability benefits such as...
Special needs trust attorneys can help protect disabled children
Most parents in Florida who have children with special needs are concerned about the welfare of their kids when they are no longer there to provide care. However, parents must approach this matter with care to avoid jeopardizing the child's access to government...
How will new SNT law improve special needs trusts in Florida?
In 1993, the Omnibus Budget Reconciliation Act of 1993 (OBRA-1993) was enacted to overhaul Medicaid. This allowed parents, grandparents, guardians or courts to establish self-settled Special Needs Trusts for individuals under 65 years old who have disabilities....