Vincent Russo on CFN Live: Settlement Planning: What You Need to Know!
Learn about Settlement Planning and the importance of working with an attorney for managing proceeds and benefits.
Settlement Planning: What You Need to Know!
Personal injury settlements are often lost or not fully utilized due to a lack of planning, particularly in how the funds are managed and spent. This can lead to "dissipation," where the settlement money is spent impulsively or on poor…
Disability Benefits and Marriage
Imagine not being able to marry or even live with the person you love for fear of your livelihood being taken away. The documentary Patrice: The Movie shows how this is the reality for many people living with disabilities that…
Can Both Spouses Claim Social Security Disability Insurance?
Both spouses can claim Social Security Disability Insurance (SSDI) benefits. However, in order to do so, each spouse must independently qualify for SSDI benefits. SSDI benefits consider the work history and earnings of each person who has worked and paid Social Security…
Will My Disability Benefits Change When I Turn 65?
Turning 65 years old has traditionally been associated with retirement and enrollment in federal benefit programs. However, people with disabilities may already be receiving federal benefits through Social Security, Medicaid, and Medicare before they turn 65. Disabled individuals who qualify…
The Power of ABLE Accounts for Individuals with Disabilities
For nearly a decade, people with disabilities have had the option to accumulate savings in a special tax-free account – without risking their means-tested public benefits. In 2024, the annual limit on how much money one can deposit into these…
Planning an Estate for a Child or Adult With Special Needs
What are special needs? Special needs is a specific disability type requiring focused attention on education for those with learning difficulties, behavioral or emotional problems, or physical disabilities. How are special needs defined? The term special needs refers to those with learning…
Special Needs and Disability Checklist
Caring for the everyday needs of a Special Needs person can be challenging. Are they receiving all of the benefits they are entitled to? Who will render care to them if you are no longer able to? Creating a plan…
SSDI vs. SSI: Key Differences and Eligibility Criteria Explained
This article is written by Crysti Farra, Esq., a guest author for the Russo Law Group P.C. blog. Social Security, as a program, began in 1935; however, it took more than 20 years before Social Security Disability Insurance (SSDI) was added…
3 Reasons Why You & Your Spouse Need An Estate Plan
People often say that you only need an estate plan if you have a lot of money and/or a lot of assets. That statement is not necessarily true.
Reason 1: An estate plan is also important for medical and simple financial decisions, especially for a spouse in the event of disability or incapacity. It makes the entire process a lot more stress-free and simple for the spouse.
If something happens to me, my spouse will inherit everything I have anyway, so why do I need to make an estate plan?