Does Medicaid Reimbursement Take Priority Over Other Expenses?
My daughter's first-party special needs trust was paying for [...]
SSI Issues POMS Section for ABLE Accounts
The Social Security Administration (SSA) has just released a new Program Operations Manual System (POMS) section governing the agency's treatment of ABLE accounts for Supplemental Security [...]
The Hardship Exception to the Medicaid Penalty Period: Rare But Possible
If you transfer assets within five years of applying for Medicaid, you will likely be subject to a period of ineligibility. There is an exception, however, if enforcing the penalty [...]
How Your IRA Can Benefit Both Your Heirs and Charity
Do you want to use your IRA to help a charity, but also benefit your heirs? Instead of leaving your IRA directly to your children, you can leave it to a charitable remainder unitrust [...]
Monograph Discusses SSA Fee Approval System and Special Needs Planning
Florida attorney and ASNP Advisory Board member David Lillesand has recently drafted a monograph describing the Social Security Administration's fee approval system and its impact on special [...]
Should an Annuity Be Part of Your Retirement Planning?
Annuities can be valuable retirement and longevity planning tools, but they are complex financial products that can be misused.
Pooled Special Needs Trust Accused Of Overspending on Legal Fees
An Indiana-based pooled special needs trust has been accused of passing along some $2.4 million in legal fees to the trust beneficiaries without explaining what the fees were actually used [...]
New Reality TV Show Follows Lives of People with Down Syndrome
A new six-episode reality TV series follows seven people with Down syndrome and their families as they go about their daily lives.
IRS Moderates Several Controversial Proposed ABLE Regulations
After coming under fire from disability rights organizations and financial institutions for issuing unworkable proposed regulations governing ABLE accounts, the IRS has backed off on several [...]
