Can Special Needs Trust Also Be an ILIT to Avoid Taxation of Life Insurance Proceeds?
December 8, 2023
Question: We have a special needs trust for our daughter to be funded by a life insurance policy on my husband’s life. We’re wondering if
Question: We have a special needs trust for our daughter to be funded by a life insurance policy on my husband’s life. We’re wondering if
Question: Can a special needs trust help pay for my son’s food and rent, if SSDI is not enough? What if he receives SSI? Response:
Question: I am on SSDI and have Medicare and Medicaid. My girlfriend has me as a beneficiary on her life insurance policy through her job.
Question: I have three children, one of whom is an incapacitated adult. I thought of preparing a will, leaving my house to the three children
Question: What is a Trust Protector and how do they work? Are there advantages and disadvantages in setting one in place? Response: A “trust protector”
Question: The wealthy sister of a resident in one of our group homes set up a trust for her. However, the resident was diagnosed with
Question: I am a remainder beneficiary of an irrevocable trust that was set up for my younger brother with cerebral palsy. The trustee is
Question: I have an adopted son, Nick, who is 17 years old and attends a specialized high school. He is very immature and tests in
Question: Parents (now both deceased) set up an irrevocable trust for their handicapped daughter with the Trust as the only beneficiary. Only assets in estate
Question: My grandson who is 8 years old has Dravet syndrome. How can I give him my benefits after I pass or split some with