Have you heard the terms “special” needs trust and “supplemental” needs trust and wondered what the difference is? The simple answer is that there’s no difference. Whether supplemental or special, ...

BINGHAMTON (WBNG) -- In today’s Lawyers on Call, Associate at Coughlin & Gerhart Caroline Myrdek explains supplemental needs trusts. “A supplemental needs trust, also commonly referred to as an SNT is ...

Trustee selection for a beneficiary with special needs presents unique challenges. The decision includes practical considerations: the proposed trustee’s geographic proximity to the beneficiary; ...

Careful planning for a loved one with disabilities is one of the most important and compassionate acts you can take as a parent or caregiver. It’s not just about securing their financial future, it’s ...

A special needs trust (SNT), also referred to as a supplemental needs trust, is created for a person who is disabled or has functional needs and gives that individual more financial support. While ...

Attorney Stephen Yim, founder of Yim & Yempuku, joins producer/host Coralie Chun Matayoshi to discuss what to do to ensure there is someone to care for your child physically and financially when you ...

While Congress has made it easier for parents to leave their IRA to a supplemental needs trust for a disabled child, this does not mean it's the best way to provide for such needs. Estate planning is ...

A special-needs trust, sometimes called a supplemental-needs trust, is a trust designed to hold assets for the benefit of a person with disabilities or special needs. The trust is designed so that the ...

Q: We’re trying to set up a supplemental needs trust for our mentally disabled adult child so that any funds remaining after we pass away are not quickly squandered. We don’t have a family member ...

One of the most confusing questions involved in estate planning is whether you need a trust or will a simple will work just as well. The answer in an individual case depends on the facts of your case ...