Special Needs Planning

Many Medicaid recipients don’t realize that their health insurance coverage generally will not provide a full set of benefits should they require care while out of state.

The Social Security Administration’s Compassionate Allowances (CAL) program identifies rare medical conditions that meet its disability benefits standards — and help people suffering from these serious ailments to receive disability benefits more swiftly.

Studies show that looking after those with special needs exacts a toll on caregivers. This Thanksgiving season, shift your focus a little and remember that you must take care of yourself if you want to continue caring for others.

ABLE accounts and special needs trusts can accomplish the same goals, but each has its advantages and limitations.  The best approach, depending on the beneficiary, may be to use them in tandem.

The list of things you can spend Achieving a Better Life Experience (ABLE) account funds on is long, and keeps growing.