Whether supplemental or special, these trusts serve the same purpose of helping meet the needs of individuals with disabilities while still permitting them to qualify for vital public benefits programs. But there are different categories of special needs trusts and
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D-SNP Benefits Both Florida Medicaid and SNT Beneficiaries
Duel Eligible – Special Needs Plans (D-SNP) are not available only for special needs planning for disabled people. It is the fastest growing component of health insurance for concurrently eligible insureds having both Title 2 and Title 16 eligibility which…
Why I Never Criticize Social Security Staff
“Social Security among survey’s worst federal workplaces”
Repost from Washington Post, May 20, 2024
A survey of more than 1 million federal employees reflectsthe low morale of many workers.
Overall, the federal government scored 65.7 out of 100, a 2.3-pointincrease…
Preventing Guardianship Abuse of People With Disabilities
If you have a loved one living with a disability, you should be aware of the signs that these individuals may be facing abuse or exploitation in the guardianship system.…
ISM Contracts as a Special Needs Planning Technique
When an unexpected inheritance or lawsuit proceeds are received by a person with disabilities who is on SSI-disability or SSI-elder benefits, the event calls for some special needs planning to continue the SSI monthly checks and Florida Medicaid without going…
Is a Personal Injury Settlement Taxed?
Whether a personal injury settlement is entirely or partially subject to federal income tax depends on the type of compensation the injured party receives. Personal injury damages fall into different categories, such as compensatory damages. These types of damages may…
An Estimated 600K Children have lost Medicaid in Florida since ‘unwinding’ began
According to a report published this month on Medicaid disenrollment by the Center for Children and Families, nearly 600,000 Florid children have been disenrolled from Medicaid since the pandemic protections theat provided for continuous coverage of Medicaid throughout the COVID-19…
Will a Special Needs Trust Impact Your Section 8 Voucher?
Assets do not disqualify households from Section 8. However, HUD uses the standard increase in asset value to calculate income. Annual income, per HUD, can affect the amount of one’s housing voucher.…
Doctors quitting Medicare?
DOCTORS QUIT? Is the Wall Street Journal becoming Faux News?
As Judy Lieberman of the Columbia Journalism Review reported on August 12th, the Wall Street Journal had printed a story called “More Doctors Steer Clear of Medicare: Some Doctors Opt…
ObamaCare and Special Needs Trusts
The Supreme Court decision on the Affordable Care Act (ObamaCare) has tremendous implications for our practice, primarily negative, but is a huge boon to planning for persons with disabilities who have been shut out of the private insurance market in…