Tag Archives: personal

What is Assisted Living?

My friends at Country Cottage in Lawrenceburg, a part of the Cottage Senior Living Group, have graciously allowed me to share posts from their blog, www.cottageassistedliving.com. If you have questions or comments, please call us at 931.762.7528 or The Cottage at 931.766.0660 Continue reading

What is a Third Party Special Needs Trust??

Special needs trusts come in three main flavorsfirst-party special needs trusts, third-party special needs trusts, and pooled trusts.  All three trust varieties are designed to manage resources for a person with special needs so that the beneficiary can still qualify for public benefits like Supplemental Security Income (SSI) and Medicaid.  While first-party special needs trusts and pooled trusts hold funds that belong to the person with special needs, third-party special needs trusts, as the name implies, are funded with assets that never belonged to the trust beneficiary, and they provide several advantages over the other two types of trusts. Continue reading

Helping Children Today

When children are in their 30s and 40s, they frequently are starting a new career or beginning a family. Many are still paying off school debts. For these reasons they could benefit from some additional help. Continue reading