You never stop being a parent, but in some cases, estate planning decisions can be challenging if you have an adult child who may be troubled or demonstrate problematic behavior in some way (e.g., is addicted to drugs or alcohol, is financially irresponsible). You likely already know the heartbreak associated with trying to help that …
Special Needs
Planning for Parents with a Disabled Adult Child
By: Brandon C. Walecka, Esq. Walecka Law, P.C. 774-203-9003 Brandon@WaleckaLaw.com Buy enough life insurance A parent of any child is irreplaceable, but in the case of a disabled adult child, older adult parents are faced with the challenge of deciding how best to care for their child in the event of their passing. In that …
Is Your Child Disabled? If so, an Inheritance from You Could Cost Them their Benefits
By: Brandon C. Walecka, Esq. Walecka Law, P.C. 774-203-9003 Brandon@WaleckaLaw.com Many times, a person on disability relies on certain governmental benefit programs such as Medicaid (known as MassHealth in Massachusetts) or Supplemental Security Income (SSI) for support and medical insurance. They may receive SNAP benefits (commonly known as food stamps), PACE (commonly known as fuel …
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DisabilityScoop.com Article: ABLE Accounts Shouldn’t Impede Access To Housing, Feds Say
Written by Brandon C. Walecka, Esq. An ABLE Act account won’t interfere with the beneficiary’s access to Supplemental Security Income payments or Medicaid. But how about housing and other benefits they might be receiving? … To continuing reading, click here.
DisabilityScoop.com Article: ABLE Accounts Shouldn’t Impede Access To Housing, Feds SayRead More