Posted On: January 23rd 2024
Choosing the right person to serve as trustee of a special needs trust (SNT) is a key task when creating such a trust. It may also prove to be one of the most challenging. Trustees are responsible for the following: This, in turn, helps ensure that the special needs trust’s beneficiary remain eligible for public benefits programs….
Read More...Posted On: January 19th 2024
For nearly a decade, people with disabilities have had the option to accumulate savings in a special tax-free account – without risking their means-tested public benefits. In 2024, the annual limit on how much money one can deposit into these savings vehicles, known as ABLE accounts, will rise, allowing individuals to add up to $18,000…
Read More...Posted On: January 3rd 2024
The Repeal the Death Tax initiative concerns property taxes. This initiative aims to restore the parent-child property transfer rules that allowed parents to pass their home and up to $1 million of assessed value of other property to their children without any change to the property tax bill. And the impacts of it would be retroactive….
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