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How to Prevent Beneficiary Designations from Affecting Government Benefits for Someone with Special Needs
For individuals with special needs who rely on government benefits for support, safeguarding these benefits should be a priority. Read on to learn about some effective methods to protect these benefits while ensuring financial security for these individuals.
ADA 30th Anniversary!
July 26, 2020 marks the 30th anniversary of the ADA. The ADA is the Americans with Disabilities Act, which is a civil rights law protecting individuals with disabilities from discrimination.
Special Plans for Your Special People
Learn more about why shou should plan for your special needs child or family member.
Preventing Beneficiary Designations from Wreaking Havoc on Special Needs Beneficiaries
The main way most American families save for the future is through private retirement savings plans such as 401(k)s and IRAs. These plans offer the opportunity to designate a beneficiary upon the death of the account holder. These designations allow the account assets to bypass probate and pass directly to the named beneficiaries. Often, individuals make these decisions when initially setting up the account and never reconsider them.