Social Security Disability Insurance (SSDI) benefits are determined by how many work credits you have earned and how long you have worked. You need at least 40 credits, with 20 earned in the last ten years. The number of credits…
Eventually, most of us will be faced with caring for a family member or friend who has declining health. Depending on the family’s dynamics, determining who should handle the role and what type of care the ailing relative should receive…
A home purchase can be a lengthy and involved process even when things are going well. If you or a loved one have a physical or developmental disability, the process can be even more challenging. Fortunately, there are resources available…
Modern medicine and health care advancements enable children with a wide variety of special needs (disabilities) to live more productive lives than ever before. Many scientists regard the term special needs as a euphemism for disability. Yet, the difference between…
There is a good chance that you have a beneficiary, since retirement accounts, wills, and trusts commonly have beneficiaries. A beneficiary is an individual (or legal entity) to receive the proceeds from a financial product or vehicle when the owner…
As a payroll tax-funded benefit program, Social Security Disability Insurance (SSDI) is administered by the Social Security Administration. You and certain family members can receive disability benefits if the SSA considers you “insured,” meaning you have worked and paid into…
It is a responsive, ongoing process for parents to plan for the future well-being of their adult children with disabilities. A Journal of the American Medical Association reports the life expectancy of adults with Down Syndrome has increased from 25…
In order to supplement their loved one's needs and quality of life while continuing to qualify for public assistance, many people with loved ones with disabilities create special needs trusts (SNTs) to save money tax-free. In 2014, the ABLE Act…
Enabling the Disabled Families can carefully manage their money to comply with disability-benefit rules while still providing additional perks for disabled people. And, though the rules can be strict, people with disabilities are still permitted autonomy to own some money…
When you lose a spouse or long-time partner, it can be difficult to think beyond the pain you are going through. However, it is crucial to understand there are important and timely decisions you need to make regarding your finances…