Showing posts with label disability. Show all posts
Showing posts with label disability. Show all posts

Thursday, January 14, 2016

5 Things You'll Want to Know About Special Needs Trusts

If you had to guess the largest minority group in America, what would you say? The Department of Labor states that as of January 2016, people with disabilities make up the nation’s largest minority, counting almost 50 million individuals.

For families affected by disability, especially physical and developmental, the care needed can be daunting – on physical, emotional and financial levels. While many government programs exist to aid these individuals, they still fall short in most cases and, in the current economic environment, face budget cuts.

The simple truth? It is vitally important for these families to have the necessary legal documents and financial planning in place. The cornerstone of such a plan can be the Special Needs Trust.