How Having a Special Needs Loved One Affects Estate Planning and Retirement Planning

Q. Our daughter, Sophie, has an Autism Spectrum Disorder (ASD). She is verbal, but needs lots of help academically and with her social skills. She may not be able to live independently when she becomes an adult. When it comes to … [Read more...]

Congress Reverses Recent Changes to the Kiddie Tax

The article below can be found at specialneedsanswers.com here. By Andy Jones A major bipartisan bill, signed into law by President Trump in December, includes significant tax changes for people with assets in a special … [Read more...]

Top 19 Articles of 2019

Those who read our newsletter or follow our blog know that we covered a lot of ground in 2019. This past year, the Federal Tax Act increased the federal estate and gift tax exemption from $11.18 million dollars per person to $11.4 … [Read more...]

Critter Corner: What Happens When a Person with Autism Becomes an Adult?

Dear Bebe,   My niece, Amelia, has an Autism Spectrum Disorder (ASD), but is high-functioning. What happens to most children with ASD when they transition to adulthood?   Thanks! Will … [Read more...]

Imagine Paying College Tuition for the Rest of Your Life . . .

Q. I recently read an article in CNBC that’s states that, “It can take millions to care for your special needs child.” The article describes how one family needed $3 million to cover the cost of lifetime care for their 23-year-old … [Read more...]

Critter Corner: Building a Life Care Plan for a Special Needs Loved One

Dear Magic, Our daughter has special needs. We have money set aside for her in a special needs trust and we have an ABLE account set up. We want to do more to plan for her future. I heard about something called a Life Care … [Read more...]

Why the White House Glowed Blue on Monday

Clay is 13 years old and has never flown in an airplane. His mom, Jennifer, avoided taking him to the airport because he gets overly anxious when he is among big crowds and lots of noise. This year, his grandmother was celebrating … [Read more...]

Supreme Court Rules that the Bare Minimum Isn’t Enough/Planning for an Uncertain Future

Q. My daughter, Hailey, has high-functioning Autism Spectrum Disorder (ASD), is severely learning disabled, and has a difficult time paying attention in school. We have attended Individualized Education Plan (IEP) meetings, and … [Read more...]

Critter Corner: An ABLE Account for a Loved One with a Disability

Dear Angel, I have an intellectually disabled daughter, and I’ve seen a lot of information this month from the ABLE National Resource Center through their #ABLEtoSave campaign. I understand that it’s state run, and that … [Read more...]

But I’m NOT Sick!

Q. Sometimes when I walk my dogs, I see my neighbor Adam swinging on the swing his parents installed on their front porch. I am a pretty friendly person and usually greet all of my neighbors when I see them outside, and make small … [Read more...]