Moline County Special Needs Attorneys | Special Needs Lawyers, Moline

In this article, our Moline special needs attorneys discuss the 8 estate planning goals that ensure you have an estate plan that covers every eventuality but is also tailored to your needs.

Typically, if someone has a disability in Moline, they are 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.  Creating a Special Needs Trust ensure that your loved one with a disability can gain assets and income without a reduction of benefits.  

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

Special Needs Trusts cannot pay for the expenses that SSI typically covers including utilities, mortgage payments, and groceries.

In this article, our Moline Special Needs attorneys discuss Special Needs Trusts and ABLE accounts. Adding a home or assets to a special needs trust is an additional benefit when calculating Supplemental Social Security Income. We examine these benefits and what Special Needs Trusts are allowed to pay for and what they can't under current rules.

‍Read the full article by our Moline special needs lawyers about transferring your home to your Rock Island County supplemental needs trust. 

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In this article, our Moline special needs attorneys examine stand-alone special needs trusts and testamentary special needs trusts. We answer:

• 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 in Moline 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.

Read more from our Moline special needs attorneys on the differences between a testamentary special needs trust and a stand-alone special needs trust.

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