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Articles Posted in new york special needs trust

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Ensuring Your Special Needs Trust Stays a Special Needs Trust

Special needs trusts are helpful estate planning tools that allow family members to leave behind assets to loved ones with special needs without risking the beneficiary’s ability to receive Supplemental Security Income and Medicaid benefits. Without a special needs trust, any extra income that they receive such as an inheritance…

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BACK TO THE BASICS – SPECIAL NEEDS TRUSTS

STRICT ADHERENCE TO FORM On March 3, 2015 the Eighth Circuit Court of Appeals, sitting in Denver, Colorado, rendered an opinion in the case of Draper v. Colvin, where it explicitly admitted that it drew “a hard line” when it upheld the decision of the Social Security Administration that denied…

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