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Actions during your lifetime: Establish a Third Party Supplemental Needs Trust for your child with a disability.

Read why Third Party SNT's are so useful and popular

George H. Gray 0 318 Article rating: No rating
Features_of_a_Third_Party_Supplemental_Needs_TrustIt is natural to want to make the resources of your immediate and extended family available to your child with a disability without jeopardizing his or her eligibility for means-tested government benefits.  This is the reason why a Third Party Supplemental Needs Trust is so useful and popular.

Actions prior to age sixty-five: Establish a First Party Special Needs Trust

A brief explanation of the advantages and operation of a First Party Special Needs Trust

George H. Gray 0 341 Article rating: No rating
Special Needs TrustIf the amount of a gift, inheritance or personal injury award received by your child exceeds the resource limits for Supplemental Security Income or Medicaid, it will jeopardize his or her eligibility for those means-tested government benefits

Actions Prior to Age 18: Secure Article 17-A Guardianship

Article 17-A Guardianship is an important tool available to a parent of an intellectually or developmentally disabled child

George H. Gray 0 364 Article rating: No rating

Secure_Article_17ARead why a parent of a young adult with an intellectual or developmental disability should go to Court to seek appointment as an Article 17-A Guardian

Actions Prior to Age 18: Have Family Members Communicate and Coordinate Gifts to Your Child

To make the most of special needs planning: communication is the key

George H. Gray 0 315 Article rating: No rating
Childrens Gifts Age 18An important task you can complete prior to the time your child turns eighteen is to have a candid conversation with your parents and sibling.  If they are disposed to make a significant gift to your child by Will or otherwise, you should ask them to coordinate their efforts and to make their large gifts to a Third Party Supplemental Needs Trust.
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