Trusts and Problems to Avoid (Part 2)
So , You get it! You set up a Trust and understand the benefits of the Trusts. Now what? Let's talk about 9 Problems To Avoid with Your Trust. This is second part of my blog Trust and Problems. It…
SNT: Preserving the Future for Individuals with Disabilities
El Tribunal Supremo del condado de Nassau acaba de dictar una medida cautelar que impide temporalmente a un banco vender la vivienda de una mujer discapacitada. Esto es significativo porque el banco era el fideicomisario del mismo Fideicomiso de Necesidades Especiales (SNT) que...
How Pooled Special Needs Trusts Affect SSI Benefits
A federal district court recently ruled in Williams v. Colvin (N.D. Ill., No. 12C7852, Marzo 31, 2014) that payments from an annuity to a pooled special needs trust are not considered income when determining Supplemental Security Income (SSI) benefits. However, in…
Medicaid Excluded Funds: How to Ensure Proper Exclusion
Nothing is ever simple. If you have excluded funds such as German Reparations, what must be done to make sure they are excluded for Medicaid purposes? The best approach is to make sure that they you do not commingle these…
9 Problems To Avoid with Your Trust (Part 1)
It has been several years since you signed and funded your Living Trust to avoid probate. All seems ok but is it really? #1 Have you funded your trust properly? If you do not re-title or assign your assets to…
Income Tax Benefits for Homeowners: Maximize Your Deductions
Ser propietario de su propia casa está ampliamente considerado como el sueño americano. Pero, como le dirá cualquier propietario, los gastos asociados a la propiedad de una vivienda pueden ser una pesadilla. Por suerte, pagar estos gastos tiene ciertas ventajas fiscales. Algunos propietarios...
How Can I Provide for My Child with Special Needs?
The number of people in the United States with special needs has grown significantly in recent decades as a result of technology and medical advances. This increase has created concerns for the care for the members of this population. The…
Philip Seymour Hoffman: Lecciones de planificación patrimonial
La muerte del actor Philip Seymour Hoffman es realmente una gran pérdida para el mundo del espectáculo, y una tragedia para la familia y los amigos del talentoso actor. Al igual que la repentina y trágica muerte del actor James Gandolfini, las lecciones de planificación patrimonial pueden...
Can You Claim Your Child with Special Needs as a Dependent?
Can you claim your child with special needs as a dependent? The answer on the face of it is YES, you can take your child with special needs as a dependent. For someone to be claimed as a qualifying child,…
Retirement Planning: Avoiding Unintentional Consequences
Ahorrar para la jubilación es importante, y siempre es una buena idea contribuir a un plan de jubilación. Sin embargo, es importante comprender que una vez que se contribuye a determinados planes de jubilación es posible que no se pueda retirar el...