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…
A Comparison of Special Needs Trusts and ABLE Accounts
A special needs trust (SNT) and an Achieving a Better Life Experience (ABLE) account each provide a tax-free way for people with disabilities to save money. Both options provide a mechanism for saving money and protecting resources that ensures the…
Free Webinar: “The Key Steps to Special Needs Planning Success”
Planning for the future of a loved one with special needs can feel overwhelming, but you don’t have to do it alone. Join our free webinar on Special Needs Planning, where we’ll provide clear, practical guidance to help you make informed…
Law School for Social Workers: “Planning for an Individual with Special Needs”
Proper planning for an individual with special needs is critical. Experienced Partner, Kim N. Christian, Esq., will share information on creating a plan, implementing the plan, and explaining public benefits, the use of special needs trusts, and decision making. She…
What You Need to Know About Special Needs Trusts
Trusts are created by individuals or entities for the purposes of setting aside property or assets for a specific purpose, typically to benefit another person or group of people. A prime example is protecting a loved one with special needs…
Trustees Failed to Use Funds for a Beneficiary with Special Needs
The special needs planning attorneys at Russo Law Group, P.C. have fulfilled the complex role of trustee for many of our clients. We take protecting assets for the benefit of their loved ones very seriously. It requires understanding the terms…
Beneficiary Designation of an IRA or Retirement Plan in a Special Needs Trust
The protection of government benefits for a child with special needs requires careful planning when leaving assets for their benefit. It is also important to protect those assets against later claims after your death and during your lifetime for additional…
The Types of Trusts – Which one is best for you?
You have heard many people refer to trust as a great planning tool for your estate. It provides opportunities for so many different things, such as long-term care planning, tax planning, and probate avoidance. While you consider meeting with an…
Special Needs Planning for your Child
If your child has special needs, there are so many things to think about. Between getting the child help right now and thinking about what happens when they turn 18 and you no longer have the legal authority to make…