With the federal estate tax exemption possibly about to be lowered, it may be time to think about steps you can take to keep your estate from being taxed. An irrevocable life insurance trust [...]
Bill Would Allow All Military Retirees to Name Special Needs Trusts as Beneficiaries of Pension Plans
A bipartisan bill fixes a flaw in earlier legislation and would finally allow any veteran to allocate pension payments to a trust for their survivors with special needs.
At least 36 states and the District of Columbia are diverting federal benefits like Supplemental Security Income (SSI) or Social Security survivors’ benefits owed to children in foster care.