Read time: ~4 minutes. (~850 words. Direct. Real. Built to hold up in Los Angeles.) Most families don’t talk about this until they’re forced to. Not because they don’t love their child. Because the truth is terrifying: You’re aging. Your child still needs support. And the world doesn’t pause when you can’t carry it anymore. In Los Angeles, this conversation hits differently because the stakes are higher. Housing costs are brutal. Care options are expensive. Government benefits … [Read more...] about Aging Parents + an Adult Child With Disabilities
Special Needs Planning
The $1,000 Gift That Can Cost Your Loved One Everything
Elena keeps her son Nico’s paperwork in a plastic accordion folder on the kitchen shelf—SSI letters, Medi-Cal approvals, appointment notes from County USC, the kind of documents you don’t “file,” you guard. Nico is 22, gentle, quick with jokes, and he qualifies for benefits that make life possible: medical coverage that doesn’t vanish, monthly support that keeps the lights on, services that help him stay steady. Then Elena’s aunt calls from South L.A. with good news. “I’m mailing Nico a … [Read more...] about The $1,000 Gift That Can Cost Your Loved One Everything
Inglewood Parents Don’t Need More “Hope.” They Need a Special Needs Trust
On a quiet block near La Tijera, a mom in Inglewood Marisol kept a folder in her kitchen drawer labeled “Just in case.” Inside: a will she printed years ago, a few insurance papers, and a handwritten note that said, “Leave everything to Mateo.” Mateo is 22. He’s brilliant, funny, and lives with a disability that qualifies him for Medi-Cal and SSI—the benefits that keep his medical care stable and his life predictable. Marisol thought that note was love. It wasn’t. Not yet. Because if Marisol … [Read more...] about Inglewood Parents Don’t Need More “Hope.” They Need a Special Needs Trust
Preserve Benefit Eligibility With a Special Needs Trust
A special needs trust can be useful if you want to provide for someone that you love who has a disability. We will look at the facts in this blog post. Supplemental Security Income People with disabilities oftentimes rely on the Supplemental Security Income program. This program provides income for people with special needs who are not in a position to earn much on their own. To qualify, you must be able to prove that you have significant financial need, and you could lose eligibility if your … [Read more...] about Preserve Benefit Eligibility With a Special Needs Trust
Preserve Benefit Eligibility With a Special Needs Trust
A special needs trust can be useful if you want to provide for someone that you love who has a disability. We will look at the facts in this blog post. Supplemental Security Income People with disabilities oftentimes rely on the Supplemental Security Income program. This program provides income for people with special needs who are not in a position to earn much on their own. To qualify, you must be able to prove that you have significant financial need, and you could lose eligibility if your … [Read more...] about Preserve Benefit Eligibility With a Special Needs Trust
What Is a Special Needs Trust?
What Is a Special Needs Trust? from Collins Law Group Your estate plan should take many things into consideration, most especially if you have a loved one on your inheritance list who has special needs. … [Read more...] about What Is a Special Needs Trust?
What Is the Difference Between SSI and SSDI?
There are government programs with wordy names that are often shortened to acronyms. This can create confusion, so we will look at the two programs called SSI and SSDI in this blog post, and we will explain the distinctions between them. SSI The Supplemental Security Income (SSI) program is in place to provide income for people with disabilities who cannot earn much on their own. This is a need-based program. To qualify for SSI, you must be able to prove that you have very limited financial … [Read more...] about What Is the Difference Between SSI and SSDI?
Are There Different Types of Special Needs Trusts
Special needs trusts can be used to provide for people with disabilities who are concerned about the preservation of government benefits. Many people who have special needs are unable to work, so they have very limited resources. As a result, they qualify for Medi-Cal as a source of health insurance, and they receive income through the Supplemental Security Income program. There are essentially two different types of special needs trusts that are utilized. The major difference between them is … [Read more...] about Are There Different Types of Special Needs Trusts
What Is a Supplemental Needs Trust?
A supplemental needs trust is a type of trust that can be useful if you have someone with a disability on your inheritance list. We will look at the details in this blog post. Health Insurance Clearly, health insurance is going to be very important for people with special needs. In many cases, medical bills can total millions of dollars over the course of a lifetime when you have a disability. Most people get health insurance through their jobs, but many people with disabilities cannot … [Read more...] about What Is a Supplemental Needs Trust?
