Adding a home to a special needs trust is additional benefit when calculating Supplemental Social Security Income. In this article, our Iowa special needs attorneys outline these benefits and explain what you can pay for with Special Needs Trusts. In short, Special Needs Trusts cannot pay for the expenses that SSI typically covers such as utilities, mortgage payments, and groceries.

Read the full article by our Iowa special needs lawyers about transferring your home to your Iowa supplemental needs trust.

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Special Needs Trusts are used in planning for the care of individuals with special needs. If someone has a disability in Iowa, they are commonly entitled to Supplemental Security Income if they have less than $2,000 in assets and earn under the maximum amount as described by SSI guidelines. Our Iowa special needs attorneys will help you create a Special Needs Trust to ensure that your loved one with a disability can gain assets and income without reduction of benefits.  

Read the full article by our Iowa special needs attorneys explaining the special needs planning process.

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In this article, our Iowa special needs lawyers discuss the differences between stand-alone special needs trusts and testamentary special needs trusts and the pros and cons of each. We answer questions such as:

• What is a special needs trust?
• What is a testamentary special needs trust?
• What is a stand-alone special needs trust?
• What are the benefits of a stand-alone special needs trust versus a testamentary special needs trust? and,
• When is a testamentary special needs trust appropriate?

Special needs trusts are a tool that can be utilized for persons with a disability and allows that person to collect assets and receive income without impacting government benefits.

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