Planning for the future takes on a heightened importance if you are the parent of a child with special needs. As a parent, you undoubtedly want to provide for your child, both while you are here and after you are gone. Careful planning is required, however, to accomplish this goal when your child has special needs to ensure your child’s continued eligibility for state and federal assistance programs. The key to ensuring that your child will benefit from both your assets and the assistance of … [Read more...]
Types of Trusts to Consider for Your Special Needs Planning
Trusts are very valuable estate planning tools that provide a way to hold and manage assets for the benefit of your loved ones. You have the opportunity to include your own instructions as to how the property should be distributed and under what circumstances. A trust is an especially valuable tool if you have a loved one with special needs. California special needs trusts are a particular type of trust used just for this purpose. If you are considering whether you need this type of trust … [Read more...]
Using a Third-Party Trust for Special Needs Planning
For Sacramento area residents who have special needs or a loved one who does, a special needs trust can be an important part of their special needs planning. Special needs trusts are typically used as a method for providing resources for those with special needs in the event their caregiver is no longer able to continue providing the support and care they need. A third-party trust is one type of trust to consider. How basic trusts operate The primary purpose of a trust is to protect the … [Read more...]
Do I Need a Special Needs Trust?
One very valuable type of estate planning instrument is a trust. Trusts can give you a method for holding and managing your estate assets for the benefit of your loved ones. With a trust, you have the chance to provide your own instructions regarding how your assets should be distributed and under what conditions. A trust is a particularly valuable tool for those with loved ones who have special needs. A California special needs trust is a specific type of trust used for this exact purpose. … [Read more...]
McDonald’s Employee with Down syndrome Celebrates 30 Years
A Placerville McDonald's just celebrated 30 years of employment for a very special employee. That special needs employee has Down syndrome. Customers at the Placerville McDonald's helped to surprise him at this celebration of his three decades of providing great service. His job is to "make sure everything is all cleaned," according to Voss. The best Lobby General in the business His job title is Lobby General and he is responsible for keeping the restaurant tidy. The customers have certainly … [Read more...]
Types of Trusts You Can Use for Special Needs
Trusts are very valuable estate planning tools that provide a way to hold and manage assets for the benefit of your loved ones. You have the opportunity to include your own instructions as to how the property should be distributed and under what circumstances. A trust is an especially valuable tool if you have a loved one with special needs. California special needs trusts are a particular type of trust used just for this purpose. If you are considering whether you need these types of trusts, … [Read more...]
Two California Infants Born with Zika-Related Birth Defects
The California Department of Public Health has reported that two infants were recently born in California with microcephaly, as a result of the Zika virus. This particular disease, which results in infants being born with a disproportionately smaller head and intellectually disabilities, has been linked to mothers who were infected with the Zika virus while pregnant. The virus is carried by a specific breed of mosquito and is transmitted to humans who are bitten. Infants born with defects … [Read more...]
Special Needs Trust Attorney Describes Types of Trusts Available
Trusts are very valuable estate planning tools that provide a way to hold and manage assets for the benefit of your loved ones. You have the opportunity to include your own instructions as to how the property should be distributed and under what circumstances. A trust is an especially valuable tool if you have a loved one with special needs. Special needs trusts are a particular type of trust used just for this purpose. If you are considering whether you need this type of trust, your special … [Read more...]
Is there a California Inheritance Tax?
Receiving an inheritance may be exciting for some, but stressful for others. There are many questions that arise when individuals get word that they are about to inherit from a loved one. The most common question is: will I have to pay an inheritance tax? Luckily, if you live in California, there is no California inheritance tax, but that is not true in every state. Here is what you need to know: What is inheritance tax? An inheritance tax, as the name implies, is a tax imposed by the … [Read more...]
SASSNA Provides Resources for Sacramento’s Children with Special Needs
Since 2011, Sacramento Autistic Spectrum and Special Needs Alliance (SASSNA) is devoted to ensuring the well-being of children with special needs in the Sacramento metropolitan area. Their "conceptual and practical interventions" are highly influential in increasing the quality of life for these young people. The history of SASSNA SASSNA is a California tax-exempt nonprofit corporation comprised primarily of families of mentally-diverse youth, professionals, mentally-diverse adults, and other … [Read more...]
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