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…
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.…
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…
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…
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…
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…
Several factors should be considered when determining whether a First Party Special Needs Trust or a Third Party Special Needs Trust should be utilized when developing the appropriate plan for a beneficiary with special needs. In both circumstances, the type…
One of the most frustrating things as a Special Needs planning attorney is to have someone in my office doing planning and they tell me that they need to disinherit a family member because they are receiving some kind of…
Every trust is comprised of an agreement between two people – a grantor who is donating funds to the trust, and a trustee who manages the donated funds as outlined by the grantor in the trust document. The funds in…
Over the past couple of years, when on social media, I have seen more and more crowdfunding and personal fundraising efforts. Crowdfunding sites such as GoFundMe and Kickstarter cut out the middleman of fundraising, allowing the person or organization in…