-
Self-Settled Special Needs Trust
Receiving an inheritance, settlement, or other assets can create an unexpected problem for individuals with disabilities who rely on means-tested benefits such as Medicaid or Supplemental Security Income (SSI). In many cases, receiving assets outright can jeopardize eligibility for these important programs. A self-settled special needs trust may provide a solution. This trust allows assets…
-
Choosing a Special Needs Trust (SNT) Trustee
Special needs trusts have highly technical terms and administrative requirements, and the rules governing them are complicated. A simple mistake on the part of the trustee could unintentionally hurt the beneficiary. A layperson as the trustee of an SNT can hire an attorney to provide guidance and assistance and they may need to do so…
-
SECURE 2.0 Act-Consider Additional Trusts
For most Americans, a retirement account is the largest asset they will own when they pass away. If you have not done so already, it may be beneficial to create a trust to handle your retirement accounts. Simple beneficiary designations naming an individual may not take into consideration your estate planning goals. A trust is…
Category: Special Needs Trust
Eckert & Krautkramer, LLC
Protecting Assets, Preserving Dignity, Ensuring Peace of Mind
Newsletter
Subscribe to our periodic email newsletter – full of legal updates and best practices.
By submitting this form, you are consenting to receive marketing emails from: EK Law, 630 N. 4th St., Wausau, WI, 54403, http://www.eklawwi.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact