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April, 2020 - Issue #187
Special Needs Planning
The estate-planning process can make provisions for family members with special needs. Typically, the special needs arise from a mental or physical disability that impairs their ability to take care of themselves after you are no longer able to provide and care for them.
A Special Needs Trust allows you to transfer assets into a trust for your heirs without interfering with their eligibility for government benefits, such as Medi-Cal, SSI or disability. These programs only provide for the bare necessities, such as housing, clothing and food - but giving assets directly to them might eliminate their benefits.
The Special Needs Trust must be carefully designed to preserve the public benefits by only supplementing those benefits, not replacing them. Additionally, the funds must be dispersed directly to the third parties who provide the supplemental goods and services to your loved one.
The Special Needs Trust can provide a variety of life-enhancing benefits without compromising their public benefits, like a personal attendant or escort to provide personalized care; coverage for out-of-pocket medical and dental expenses; supplemental education and tutoring; transportation and maintenance of vehicles; general entertainment, such as movies, sporting events, or home entertainment sets; participation in sporting events; special dietary requirements and much more.
Contact Yeager Law regarding any comments, questions or concerns relating to Special Need Planning. 471-2177
Three Acura Vehicles Repeat Consumer Guide Automotive Best Buy Awards for 2020
Each year, Consumer Guide Automotive editors select the best vehicles from 20 segments to receive Best Buy Awards. Their process includes test-driving over 150 new vehicles, with vehicle price and value major factors in their selection process. Acura's three bestselling models have once again been named Consumer Guide Best Buys for 2020 in their respective categories. The 2020 Acura RDX and MDX SUVs and TLX sports sedan were selected based on criteria including performance, features, accommodations, fuel efficiency, resale value and price. Acura's RDX was selected in the premium compact crossover category for its eighth consecutive year. Acura's MDX achieved its sixth consecutive year in the premium midsize crossover category and Acura's TLX received its 10th Best Buy Award win since 2009 as a premium midsize car. Curious how the Acura brand consistently ranks in the top accolades for its industry? Stop by Valencia Acura for a test drive and experience precision crafted performance at its finest.
Valencia Acura 255-3000
"Why work with a LOCAL INSURANCE AGENT when you can get insurance online with a Google search? Because your neighborhood insurance specialist's customer service is based on you and your unique needs - not an algorithm. You'll be listened to, not asked to check a one-size-fits-all box. They care and want to do what's in your best interest - you can't say the same of an online bot!"
Wendy Collins of State Farm 296-2068
The estate-planning process can make provisions for family members with special needs. Typically, the special needs arise from a mental or physical disability that impairs their ability to take care of themselves after you are no longer able to provide and care for them.
A Special Needs Trust allows you to transfer assets into a trust for your heirs without interfering with their eligibility for government benefits, such as Medi-Cal, SSI or disability. These programs only provide for the bare necessities, such as housing, clothing and food - but giving assets directly to them might eliminate their benefits.
The Special Needs Trust must be carefully designed to preserve the public benefits by only supplementing those benefits, not replacing them. Additionally, the funds must be dispersed directly to the third parties who provide the supplemental goods and services to your loved one.
The Special Needs Trust can provide a variety of life-enhancing benefits without compromising their public benefits, like a personal attendant or escort to provide personalized care; coverage for out-of-pocket medical and dental expenses; supplemental education and tutoring; transportation and maintenance of vehicles; general entertainment, such as movies, sporting events, or home entertainment sets; participation in sporting events; special dietary requirements and much more.
Contact Yeager Law regarding any comments, questions or concerns relating to Special Need Planning. 471-2177
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Three Acura Vehicles Repeat Consumer Guide Automotive Best Buy Awards for 2020
Each year, Consumer Guide Automotive editors select the best vehicles from 20 segments to receive Best Buy Awards. Their process includes test-driving over 150 new vehicles, with vehicle price and value major factors in their selection process. Acura's three bestselling models have once again been named Consumer Guide Best Buys for 2020 in their respective categories. The 2020 Acura RDX and MDX SUVs and TLX sports sedan were selected based on criteria including performance, features, accommodations, fuel efficiency, resale value and price. Acura's RDX was selected in the premium compact crossover category for its eighth consecutive year. Acura's MDX achieved its sixth consecutive year in the premium midsize crossover category and Acura's TLX received its 10th Best Buy Award win since 2009 as a premium midsize car. Curious how the Acura brand consistently ranks in the top accolades for its industry? Stop by Valencia Acura for a test drive and experience precision crafted performance at its finest.
Valencia Acura 255-3000
"Why work with a LOCAL INSURANCE AGENT when you can get insurance online with a Google search? Because your neighborhood insurance specialist's customer service is based on you and your unique needs - not an algorithm. You'll be listened to, not asked to check a one-size-fits-all box. They care and want to do what's in your best interest - you can't say the same of an online bot!"
Wendy Collins of State Farm 296-2068
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