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Upcoming Presentations:

Transition Summit
Hosted by: Connect to Community

April 18, 2020 from 9:00 a.m. to 3:00 p.m.

Various presenters

Nancy Spain, will present on the topic of Understanding Special Needs Trusts

Additional details regarding venue and registration to follow.

http://www.connecttocommunityinc.org/events/

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Spain, Spain & Varnet P.C. Annual Seminar:
Managing a Supplemental Needs Trust

May 9, 2020
Lisle, IL

Presenters:
Theresa M. Varnet, J.D., M.S.W.
Richard C. Spain, J.D., LL.M. – Tax
Nancy M. Spain, J.D

Additional details to follow.

In The News

What Happens to an ABLE Account If the Beneficiary Is No Longer Disabled?
If an ABLE account has been set up for a person with special needs, what happens to the account if the beneficiary no longer qualifies as “disabled” according to IRS regulations due to medical improvement or inaccurate diagnosis?

SSA Issues Controversial Proposal That Could Cut Hundreds of Thousands From Disability Rolls
Advocates are warning that a little-noticed proposed rule change could result in hundreds of thousands of Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) recipients, many of them children, losing benefits.

Understanding the Differences Between a Living Trust and an Irrevocable Trust
You may be thinking about setting up a trust. Before you commit to a plan, make sure you understand the differences between the two basic types of trusts.

GAO Calls for Increased Oversight of Organizations That Handle Social Security Benefits for Nearly 1 Million
In a new report, the Government Accountability Office calls for better oversight of organizations that handle the Social Security benefits of recipients who cannot manage their own benefits and lack a family member or friend to do so.

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