Q. Our son, Charlie, is 40 and has autism and is intellectually disabled. We were a bit older when we had him, and he is our fifth and youngest adult child. He resides with us in our home, but as we are getting older and having … [Read more...]
Print This PageCritter Corner: Microboards and Self-directed Support Corporations
December 9, 2022 by
Dear Raider, I am a single parent of an adult child with severe autism and I am considering all of our options. I heard about Microboards and Self-directed Support Corporations, but don’t know much about them. Can you provide … [Read more...]
Print This PageHow Can ABLE Accounts and Special Needs Trusts Work Together?
February 26, 2021 by
Q. Our son, Joey, has Down’s Syndrome. We decided it was a good idea to plan in advance for him for when we can no longer care for him ourselves. We have been researching our options and found information on Special Needs Trusts … [Read more...]
Print This PageHow Having a Special Needs Loved One Affects Estate Planning and Retirement Planning
July 3, 2020 by
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...]
Print This PageCongress Reverses Recent Changes to the Kiddie Tax
February 5, 2020 by
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...]
Print This PageTop 19 Articles of 2019
January 3, 2020 by
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...]
Print This PageCritter Corner: What Happens When a Person with Autism Becomes an Adult?
March 29, 2019 by
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...]
Print This PageImagine Paying College Tuition for the Rest of Your Life . . .
August 31, 2018 by
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...]
Print This PageCritter Corner: Building a Life Care Plan for a Special Needs Loved One
August 31, 2018 by
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...]
Print This PageWhy the White House Glowed Blue on Monday
April 4, 2018 by
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...]
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