New York City Office655 Third Avenue, 20th Floor
New York, New York 10017
(212) 490-2020 Phone
(212) 490-2990 Fax
Westchester Office399 Knollwood Road
White Plains, New York 10603
(914) 684-2100 Phone
(914) 684-9865 Fax
Dutchess Office300 Westage Business Center
Drive, Suite 400
Fishkill, NY 12524
(845) 896-1106 Phone
(845) 896-1107 Fax
Life insurance is key to planning for the future of your child with special needs. With the daily demands of caring for your child, you may sometimes forget about his later years when you are no longer around. But it’s imperative to think about how he will be cared for in the future. One of [...]
Continue reading...With many recent high school graduates preparing to go off to college, parents may begin to grow concerned about their children’s ability to take responsibility and go out on their own. Although most graduates are legal adults when they leave the house, many of them are not ready to take on the responsibilities that come [...]
Continue reading...Making sure that your child with special needs gets the education he deserves will require you to become your child’s advocate and take an active role in education planning. In order to do so, you need to understand the education laws that affect children with disabilities. The Individuals with Disabilities Education Act (IDEA) requires that [...]
Continue reading...While financial and estate planning are important for every family, it is even more important for families who have children with special needs. It is important to prepare for your child’s financial future to help ensure a safe, secure, and independent life ahead. To prepare properly, you should take the following steps: Investigate your child’s [...]
Continue reading...If you have a child with special needs, you should talk to extended family members who may be intending to make a gift or bequest. Extended family members may have your child’s best interests at heart, but they may be unaware that the money they leave to your child could jeopardize eligibility for government benefits. [...]
Continue reading...While it’s important for the parents of a child with special needs to provide for the child’s financial well-being in their estate plan, it’s equally important to address the issue of transitioning to life with a new caregiver. That’s the purpose of a letter of intent, which is intended to assist future caregivers by describing [...]
Continue reading...Many parents think that when their child with special needs turns 18, a guardianship will immediately need to be established. While a guardianship is necessary for some children with special needs, not everyone is a candidate. The young men and women who do not require guardianships may still need and want their parents or other [...]
Continue reading...A Special Needs Trust (SNT), also sometimes referred to as Supplemental Needs Trust, is used to provide supplemental benefits to seniors or individuals with a disability without disqualifying them for government benefits such as Medicaid and SSI. The SNT is meant to cover the expenses of goods and services that are supplemental to the beneficiary’s [...]
Continue reading...When a couple is divorcing, it is important that they do not forget their commitments to their child with special needs. Most importantly, any child support for the child with special needs should be allocated under the separation agreement to a Special Needs Trust. This will ensure that these assets will not affect the child’s [...]
Continue reading...Establishing legal guardianship for a person with special needs can be a costly procedure, and these financial expenses can put a significant strain on many families. Caring for their loved ones is already an emotionally taxing process, and families do not need to feel financial pressure on top of this. In order to help families [...]
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