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Jadinah Naomi GustaveReviewsout of 4 reviews Jadinah Naomi GustaveClients’ ChoiceAward 2022
Jadinah Naomi GustaveReviewsout of 4 reviews Jadinah Naomi GustaveClients’ ChoiceAward 2022
 

special needs trusts Tag

Estate Planning for People With Disabilities 

You may or may not be aware that there is a cap on monthly income for individuals who receive disability benefits through Social Security. This limit is different in every state, and is always low, but Florida has one of the lowest income caps for disabled people in the country. In fact, in order to qualify for disability benefits in Florida, an individual’s income cannot exceed $771 each month. Any additional financial income, including help from family, or an inheritance, can affect their eligibility for those benefits. Healthcare costs without disability can be prohibitive, and even a large inheritance may...

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Three Things You Should Know About Special Needs Trusts

If you have a loved one with special needs or severe disabilities, then you might have at some point heard of a special needs trust. These special planning tools are widely regarded as a ‘silver bullet’ for protecting a disabled person’s right to state and federal aid, while preserving any inheritance or assets they may have. But before you run out and spend the time and effort to have a trust drafted for your loved one, there are a few key considerations that a lot of people overlook. Before signing anything or spending your hard-earned cash on an estate plan,...

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