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    Eric Kearney
    • Oct 1, 2019
    • 3 min

    Funding a Special Needs Trust with Life Insurance: The Basics

    Funding a special needs trust with life insurance can be a means to provide money to a loved one with special needs.
    9 views0 comments
    Eric Kearney
    • Feb 16, 2019
    • 2 min

    What Can a Special Needs Trust Pay For?

    A special needs trust is designed to provide a person with a disability the funds to enhance her quality of life while at the same time allowing her to remain eligible for needs-based public benefits. Government programs like Medicaid and Supplemental Security Income (SSI) provide essentials, such as medical care, food, clothing and shelter. Special needs trusts are intended to supplement, not replace, this kind of basic support. Such trusts pay for anything the trust docume
    75 views0 comments
    Eric Kearney
    • Jan 3, 2019
    • 2 min

    Pooled Trusts: Should You Consider Taking a Dip?

    Most special needs trusts (SNTs) are set up to benefit one individual. But it’s possible to contribute to a trust where the funds of many people with special needs are “pooled.” This kind of trust, called a pooled or (d)(4)(C) trust, may be a better option for some people than the conventional SNT, depending on the circumstances. In a pooled trust, individual beneficiaries create accounts within a larger trust, which is managed by a non-profit association. But as with an
    18 views0 comments
    Eric Kearney
    • Jun 4, 2018
    • 2 min

    Social Security Provides Guidance on the Use of Prepaid Debit Cards by Special Needs Trust Beneficia

    SSA recently issued new guidance regarding the use of prepaid debit cards like True Link with Special Needs Trusts. This marks the first tim
    61 views0 comments
    Eric Kearney
    • May 3, 2018
    • 3 min

    Can I pay for travel expenses out of a Special Needs Trust? Can I pay for Companion Care?

    A frequent question I get as a special needs planner is “Can I pay for travel expenses out of a Special Needs Trust? What about companion ca
    993 views0 comments
    erickearney
    • May 2, 2018
    • 3 min

    Highlights From the New POMS

    Special Needs Planners are excited about the new POMS that the Social Security Administration released regarding Special Needs Trusts. Learn
    248 views0 comments
    Eric Kearney
    • May 1, 2018
    • 1 min

    New SSA POMS on Special Needs Trusts Issued

    New guidance from Social Security Administration regarding Special Needs Trusts (SNTs) has issued. Take a look at the provisions.
    81 views0 comments
    erickearney
    • Apr 3, 2018
    • 1 min

    Social Security Administration Updates SSI Resource List to Include SNTs and ABLE Accounts

    The Social Security Administration’s Understanding Supplemental Security Income (SSI) website is a recently updated reference for beneficiaries, potential beneficiaries, advocates and interested members of the public. It provides information about SSI eligibility and processes and attempts to simplify complicated regulatory language. In its 2018 update of the section covering SSI Resources, SSA expanded its list and explanation of resources that do and do not count when deter
    55 views0 comments

    Law Office of Eric M. Kearney, LLC

    4511 SE Hawthorne Blvd. Ste 215

    Portland, OR 97215

    (503) 205-7051

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