For disabled persons receiving financially based government benefits, supplemental needs trusts (‘SNTs’) can safeguard benefits and serve as an effective estate planning tool.
When planning your estate rarely will you experience difficulty naming your initial beneficiary or beneficiaries for your will, IRA’s or life insurance.
Elder law is an aspect of estate planning focusing primarily on the needs of families and individuals as they age.
Equally sharing the wealth among the children isn’t always fair, such as when one sibling is the primary caretaker, or another is already wealthy.
If you knock time and money off the excuse list, you can take care of some important estate-planning tasks.
There are some obvious triggers that might prompt you to update your will, such as changes in health or marital status. There are, however, also some not-so-obvious ones to be aware of, according to financial planners and attorneys.
Whether you are trying to protect your assets from possible creditors, prevent young heirs from spending their inheritance or minimize estate taxes, there is likely a trust for you.
A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.
Did you know that Moody Gardens Galveston Island provides more than just education, recreation, & fun? It is also the site of Hope Therapy, a therapeutic recreation and vocational training program for individuals with disabilities.