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Will a Contribution to an SNT Qualify for the Gift Tax Exclusion?

Does a gift of $14,000 this year to a special needs trust (SNT) qualify for the annual gift tax exclusion? 

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Filling the Gaps in Medicare Can Be Difficult for SSDI Recipients

Individuals with disabilities under age 65 often face obstacles in purchasing Medigap insurance that older Medicare beneficiaries do not face.  In many states, Medigap policies are either not available to younger beneficiaries due to their age or the premiums are too costly. 

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How to Make Distributions to an SNT Beneficiary Without Disrupting Their SSI

When serving as the trustee of a special needs trust, it is crucial to be careful when making distributions for the benefit of the trust beneficiary.  This is particularly true if the beneficiary receives Supplemental Security Income (SSI). 

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ABLE Accounts Begin to Spread Across Nation

Sixteen states now have ABLE programs, which allow people with disabilities to set aside up to $14,000 a year in tax-free savings accounts without affecting their eligibility for government benefits

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