This past Martes, Diciembre 13th, the Cures Act, containing the SPECIAL NEEDS TRUST FAIRNESS ACT, was signed by President Obama and passed into law; this marks an enormous milestone for individuals with disabilities! The passage of this legislation establishes liberties for persons with disabilities which had been previously denied to them.
En los últimos dos años, en las redes sociales, he visto cada vez más iniciativas de crowdfunding y recaudación de fondos personales. Sitios de crowdfunding como GoFundMe y Kickstarter eliminan al intermediario de la recaudación de fondos, permitiendo a la persona u organización necesitada apelar directamente al público en general.
En muchos casos, el crowdfunding tiene lugar cuando un familiar o amigo tiene una urgencia médica y necesita ayuda para pagar las facturas. Por desgracia, muchos no tienen en cuenta otros factores que contribuyen o las prestaciones que algunas personas pueden estar recibiendo ya. Por ejemplo si se crea un sitio de crowdfunding para una persona con necesidades especiales que recibe prestaciones por discapacidad o médicas, pueden verse repercusiones negativas.
Russo Law Group, P.C. is pleased to share this article on behalf of guest author Michael Gilfix. The IRA Trust is the preferred method to give the beneficiaries of your retirement account protections that are otherwise not available to them. Why…
Many nursing home facilities in the United States receive funding from Medicaid and/or Medicare. Those facilities which do receive federal funds are regulated by federal law. These laws are the basis for all nursing home residents’ quality of care, rights,…
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…
Many years ago, there were certain restrictions for home care. It used to be that, in a home care setting, if somebody wanted to hire help outside of an agency to care for mom and dad, that hired person could…
Ser el fideicomisario de un fideicomiso para necesidades especiales es una función muy importante, ya que sirve para proteger los intereses de un beneficiario con necesidades especiales. A menudo, un fideicomiso para necesidades especiales se establece para que el beneficiario pueda tener los...
In our last article, we discussed the ramifications of not having a succession plan in place for a business. In this article, we will discuss the role of a fiduciary of an estate, and how an individual in that role…
When someone owns a business and they pass away, the business does not just stop automatically—even if they are the top partner or sole proprietor. There are still employees who need to be paid, products that need to be sold,…
As we age, we are taught that it is important to have a will. Some of us recognize the value of having a Durable Power of Attorney, Health Care Proxy, Living Will, and Living Trusts. What happens beyond those items?…