by Allison DePaola | Feb 19, 2015 | Connecticut Estate Planning Attorney Blog, Estate Planning, Medicaid and Long Term Care, Special Needs Trusts
Background Signed into law by President Obama on December 19, 2014, the ABLE Act creates a new and more accessible financial tool for Americans living with disabilities. The ABLE Act amends Section 529 of the IRS Code to create tax-free savings accounts available to...
by admin | Mar 5, 2012 | Connecticut Estate Planning Attorney Blog, Estate Planning, Special Needs Trusts, Trusts
Many families have children or adults with special needs. This raises many unique and challenging issues. Who will care for the special needs person when you can’t? Will he/she be able to live independently? Can he/she receive an inheritance without jeopardizing...
by admin | Jul 1, 2010 | Estate Planning, Special Needs Trusts, Uncategorized
When a Special Needs Trust is established for a loved one, a separate “letter of intent” or “letter of instruction” is a recommended document that accompanies the Trust. A Letter of Intent communicates information and knowledge that only...
