Tag Archives: SSI

The Value of a Special Needs Trust

Guest Blogger: Sam Butcherprincipal of Butcher Elder Law

As an advocate and guardian for your family member with a developmental or intellectual disability, it is important to understand and determine if you should pursue a Special Needs Trust.

What is a Special Needs Trust?

A Special Needs Trust (SNT) is a trust established as a source for funds received for the benefit of an individual who receives government benefits based on need. SNTs, also referred to a Supplemental Needs Trusts, are intended to supplement needs-based government benefits, such as Supplemental Security Income (SSI) and Medicaid, without jeopardizing the continued receipt of those benefits.  Read More ›

Payee FAQs: A Practical Guide to Managing Social Security Benefits

What is a Payee?
According to the Social Security Administration, a representative payee is a person or organization appointed to receive the Social Security or SSI benefits for anyone who can’t manage their own benefits. It can be a friend or family member or organizational payee. When choosing a payee consider choosing someone the beneficiary feels will support them in participating in managing their money. Read More ›

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