Author Archives: Kara Daley

With the recent news its hard not to wonder how some one so famous could have neglected something so important. But really, its easy to understand, do you have a will? Do your parents? The inherit pessimism involved in estate … Continue reading →

“I already have an revocable living trust, why do I want yet another trust? ” This is a common response I hear from clients and professionals at mention of these trusts. However, there are two very good reasons for this trust: … Continue reading →

When a special needs planner meets with the family of a person with special needs, the planner will often ask the family what federal disability benefit their loved one receives.  In many cases, the family will tell the planner that … Continue reading →

When Your Disabled Child Turns 18: Financial Support When a child turns 18, a family should establish the foundation for the child’s support and well-being through solid financial and legal planning. If parents make the wrong decisions during this transition, … Continue reading →

When you start a new job you may be offered a range of employee benefits, from retirement accounts to life insurance. If you are the parent of a minor child or child with special needs, the decisions you make about … Continue reading →

The answer depends on whether the trust allows disbursements for utilities. If it does, you may be allowed to make the payment but you need to consider the disbursement’s impact on the beneficiary’s government benefits such as SSI, Medicaid, or … Continue reading →

In addition to the general concerns of estate planning, families with minor children have additional reasons for creating a formal estate plan. First, parents want their children to be cared for by designated family members or close friends and need … Continue reading →

Through Survivor Benefit Plans (SBPs) members of the military can elect to defer a portion of their retirement pay so that when they pass away a surviving spouse or dependent child will receive up to 55 percent of their retirement … Continue reading →

“Never leave that till tomorrow which you can do today.” – Benjamin Franklin Many people think that estate plans are for someone else, not them. They may rationalize that they are too young or don’t have enough money to reap … Continue reading →