Ways to Fund Special Needs Trusts

Ways to Fund Special Needs Trusts

A look at the different choices & strategies.  Provided by Kristin Hershey  If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income might not pay for, and...
Ways to Fund Special Needs Trusts

A 6.1% Bump in Social Security?

COLA and Social Security.  Provided by Kristin Hershey   The news keeps getting better for Social Security recipients.   It’s now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most...
Ways to Fund Special Needs Trusts

How COVID-19 Caused a “She-Cession”

Several women-dominated industries were hit hardest by the pandemic. Provided by Kristin Hershey   Since the 1980s, unemployment rates have trended higher amongst men than women during a recession. In previous periods of economic downturn, this made sense....
Ways to Fund Special Needs Trusts

Tax & Estate Strategies for Married LGBTQ+ Couples

In this age of marriage equality, there are new possibilities. Provided by Kristin Hershey   The 2015 Obergefell v. Hodges Supreme Court decision streamlined tax and estate strategizing for married LGBTQ+ couples. If you are filing a joint tax return for this...
Ways to Fund Special Needs Trusts

A COLA with Your Social Security?

Preliminary estimates call for a 4.7% cost-of-living increase.1 Provided by Kristin Hershey  If there is a “silver lining” to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal increase in 2022....
Ways to Fund Special Needs Trusts

Buffet and Powell Talk Inflation

What does it mean when two of the most powerful voices in American financial life seem to be saying two different things?   In one corner, we have the “Oracle of Omaha,” investor Warren Buffett. As one of the nation’s richest people and most frequently sought...