Special Needs

Articles

...grandparent, legal guardian, or court to receive and hold assets (such as inheritance, lawsuit settlement, gifts) that belonged to the person with the disability,...when the individual receives a personal injury or divorce settlement, an inheritance, or other funds. Regardless of the source of the funds,...

...family members that would like to leave their child with special needs some wealth in their will. Inform them that they should assign your child's inheritance to the trust fund so that any extra money or assets cannot disqualify your child for Social Security or Medicaid benefits. Many families may worry...

...provide financial support for a disabled person without disqualifying them from receiving government assistance. Trust funds are usually set up as an inheritance, but depending on the type of trust fund, can also be used while the disabled person's parents or caregivers are still alive. There are three different...

...liquid assets over $2,000 left for your child would disqualify them from SSI and Medicaid. Your child would have to spend all but $2,000 of his inheritance before they can qualify for SSI or Medicaid again. The Purpose of a Trust Fund The purpose of a trust fund, also referred to as a Special Needs...