From the category archives:

Trusts

Estate Planning for Special Needs Children

April 12, 2010

Estate planning is important for all families, but especially so for families with a special needs child.  This is because without appropriate estate planning, a well-meaning parent can inadvertently disqualify his or her special needs child from receiving government benefits. Government Benefits for Special Needs Children Supplemental Security Income (SSI), Social Security Disability Insurance (SSD), [...]

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Say What? Trust Terminology Defined

January 18, 2010

Lawyers use a lot words when talking about trusts, often assuming that everyone knows their meaning. But in speaking to clients and friends, I realized that many people outside the legal community don’t understand what we are talking about. Below are some of the most common terms defined: Trust: A trust is a legal arrangement [...]

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Is Your Child Trust-Worthy?

November 16, 2009

In The Wall Street Journal’s Financial Guidebook for New Parents, the book’s author, Stacey L Bradford, explains why parents should consider setting up a trust for the benefit of their minor children. She explains that setting up a trust is a good idea because: Guardianship proceedings are cumbersome and expensive. Direct bequests to your children [...]

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