Social Security is a retirement benefit for individuals who are working and contributing to the social security system. However, it also has a benefit for disabled workers and disabled individuals. Supplemental Security Disability Social Security Disability (SSD) is a plan…
The Trump Policy Analysis Group (TPAG) [1] has convened to consider probable changes in law that will affect older Americans and those with special needs. Initial TPAG focus is on entitlements, public benefits, tax, special needs planning, and veterans’ benefits. We…
Our practice produces many important documents for elderly clients. Clients may forget where these documents are located within their home, lose track of the documents’ location over the course of a move, or may pass on without sharing the actual documents (or their location) with their children, executor, or guardian.
There are a few smartphone apps that can assist individuals and families to keep track of important documents such as wills or advanced directives (healthcare proxy, etc.). This tool works in conjunction with the app’s ability to catalog the contents of entire homes. This umbrella function helps with ongoing organizational efforts as well as moving assistance.
Caring for a child with special needs requires many resources, one of which may be Social Security Disability Insurance (SSDI).
When a parent of a child with special needs retires and begins receiving Social Security retirement benefits, the child may qualify for SSDI. A lesser known provision in the Social Security regulation allows the spouse of the retiree to also receive Social Security benefits regardless of whether they are of retirement age or not—so long as they are caring for the child with special needs at home.
No matter how much we try to focus on taking things day by day, the uncertainty of the future always seems to linger in the back of our minds. We worry about things like:
If I get hurt and can no longer work, how much will I receive in Social Security Disability?
Once I decide to retire, will my Social Security retirement cover my daily living expenses?
If I am no longer here to support my family, will my family be able to live off my Social Security?
Thanks to a recent budget deal, Congress has effectively killed two popular Social Security claiming strategies known as File and Suspend and Restricted Application. File and Suspend Before you panic, please note that for those who meet certain age requirements,…
Unless you have a crystal ball, it’s impossible to predict what the future holds. Should you become unable to make your own decisions, it is imperative to appoint someone to take care of your affairs and make healthcare decisions on…
The New York State Assembly and Senate recently passed Achieving a Better Life Experience (ABLE) legislation that will allow families the opportunity to set up tax-free 529A savings accounts fordisability-related expenses. The legislation is currently awaiting Governor Andrew Cuomo’s approval…
The brave men and women in our military not only deserve our gratitude for their service, but also all the care we can provide. This means providing them with the appropriate benefits should they become disabled during service. When many…