Special Needs Trusts
Published
May 15 2014 at 12:00 AM GMT
Key
Points
Points
- MoneyTipsThere are two avenues of government assistance to disabled Americans " Supplemental Security Income (SSI) or Medicaid.
- To qualify for these programs, generally a person must meet the definition of disabled as defined by the Social Security Administration, must have resources of less than $2,000 and the disability must prevent them from holding a job.
- If you have a relative that falls into this definition, you may want to help him or her with gifts of cash or other assets.
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- Published May 15, 2014 12:00 AM GMT