Individuals with disabilities can create their own self-settled trusts
http://www.wealthmanagement.com/estate-planning/special-needs-trust-fairness-act-becomes-law
On Dec. 13, 2016, President Obama signed the 21st Century Cures Act (H.R.34
— 114th Congress (2015-2016)). Section 5007 of the Act,
The special needs trust is drawn up by an attorney and the money after you die
goes to who you want it to go to. The whole purpose of the trust is to be able
to get services such as Medicaid with the money hidden. Its not cheap to get
one but well worth it if you have anything.
Ron
On
Is it the Special Needs Trusts that after you die, all money left goes to the state?
Thx, Greg
The reason your not having any luck is probally because the price to set one up
is around $2000.00. Lawyers are about the money in it for them, if you only
have 10,000 they dont see any dollar signs. Its a complex trust with alot of
paperwork for them.
ropn c7
--- On Wed, 10/28/09, Merrill
I have some questions for anyone who has dealt with a SNT and Medicaid.
Does Medicaid need to be notified before you put money from a Social
Security back pay into SNT or vice versa? Is there a minimum amount of
money that can be put in a SNT? I tried contacting a Elder lawyer that
my family
] Special Needs
Trust
Any one on the list have a Special Needs
Trust???
Tim
__Do You
Yahoo!?Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com
Syfert
To:
quad-list@eskimo.com
Sent: Thursday, June 15, 2006 4:14 PM
Subject: [QUAD-L] Special Needs Trust
Any one on the list have a Special Needs Trust???
Tim
__
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http
Why is so expensive to set up?Dana
Dear Ron's dad,
I would be an everso devoted son. i'm a tad old (50)but I'm willing to work hard to get adopted. Lol
God bless you and your dad.
john
n a message dated 6/16/2006 1:00:38 AM Eastern Daylight Time, [EMAIL PROTECTED] writes:
I have one of these, cost me 1700 to set up. Allows
LAWYERS...[EMAIL PROTECTED] wrote: Why is so expensive to set up?Dana
Any one on the list have a Special Needs Trust???Tim __Do You Yahoo!?Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
Any one on the list have a Special Needs Trust???
Yes, my Mom Dad separately set up a special needs trust fund for me as part of their wills.
Bobbie
.
I don't know why "the system" has to always be so difficult for a lot of us.
Lori
---Original Message---
From: Tim Syfert
Date: 6/15/2006 1:14:54 PM
To: quad-list@eskimo.com
Subject: [QUAD-L] Special Needs Trust
Any one on the list have a Special Needs Trust???
Tim
In a message dated 6/15/2006 6:40:07 P.M. Eastern Daylight Time,
[EMAIL PROTECTED] writes:
Yes, my Mom Dad separately set up a special needs trust
fund for me as part of their wills.
Bobbie
what is a special needs trust? would this effect the medicaid waiver
program to own a home?
I have one of these, cost me 1700 to set up. Allows me to receive benefits and still have a savings noone can tap into. I have a tax man, a financial planner, and a lawyer working together to set me up when my ol man dies. With this trust no bad marriage or lawsuit can touch my money, and I dont
15 matches
Mail list logo
