Special needs families seek help
July 27, 2010 in Special Needs News by Admin Dawn
To qualify for a government check and subsidized health care, a disabled person must lead a pauper’s life.
Forget about having more than $2,000 in cash and belongings. And if you do have money to sock away in what is called a special needs trust, prepare to be taxed on it.
Advocates for the disabled are pushing Congress to create a tax-friendly investment vehicle similar to those already in use for retirement savings and kids’ college funds. The accounts would be restricted to paying for day-to-day expenses, such as education, housing, transportation and health care.
read more at Special needs families seek help | StAugustine.com.
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