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…
Almost everyone has heard of trusts, usually when referring to a beneficiary of one. Some may believe that only wealthy people have trusts, but they are common and useful tools when creating estate plans of all sizes. They are used…
US statistics show a ratio of 1 special education teacher to 17.1 students with learning disabilities. Yet, in the past decade, the percentage of available and competent teachers fell by 17 percent. Many federal and state government educational programs address…
A person must meet the Medicaid program's income and asset requirements in order to qualify for a nursing home, assisted living, or in-home care. As a result of these rules, many candidates give away their money and resources to qualify.…