Skip to Main Content
Services Talent Knowledge
Site Search
Menu

News

January 26, 2024

Lisa Arrington Discusses Supplemental Needs Trusts on Money Doctors Radio Show

Lisa Arrington, partner, was interviewed about supplemental needs trusts on the Money Doctors radio show, which is produced by Commonwealth Financial Group. Lisa said, “. . . anything having to do with our health care in this country seems to be really complicated. That’s exactly what we’ve got when we are trying to help folks who have special needs loved ones at home, and it really pays for them to seek out professional advice.”

Chuck LaRocco and Tracy Baker, the hosts of the show, asked Lisa questions sent in by the show’s listeners. The questions Lisa answered include:

  • What exactly is a supplemental or special needs trust?
  • Who mostly benefits from or who needs a supplemental needs trust?
  • When it comes to special needs trusts, are there different types?
  • When is the right time to set up one of these trusts?
  • If the beneficiary receives a check made payable to their name, are they able to put that check into the special needs trust? Or does it have to be titled as the trust?
  • How expensive is it to set up a special needs trust?
  • Can I do one trust for my two disabled children, or do I need two separate trusts?

Lisa, Chuck, and Tracy also discussed some of the common mistakes that are made when doing special needs planning and setting up supplemental needs trusts. 

To listen to the full show, click here.
 

Subscribe

Click here to sign up for alerts, blog posts, and firm news.

Featured Media

Alerts

NYS Department of Health Publishes Amended Proposed Cybersecurity Regulations for Hospitals

Alerts

FTC Noncompete Rule Survives—For Now

Alerts

New York Trial Court Finds Uber Is Not Vicariously Liable for Driver's Negligence

Alerts

ERISA Forfeiture Lawsuits: Navigating the Emerging Legal Landscape

Alerts

EU Leads the Way on Artificial Intelligence Regulation

Alerts

End of An Era: SCOTUS Overturns Chevron After 40 Years of Deference to Administrative Agencies

This site uses cookies to give you the best experience possible on our site and in some cases direct advertisements to you based upon your use of our site.

By clicking [I agree], you are agreeing to our use of cookies. For information on what cookies we use and how to manage our use of cookies, please visit our Privacy Statement.

I AgreeOpt-Out