What's in a Name? Special Needs Trusts v. Supplemental Needs Trusts
At Bellomo & Associates, we are committed to client education. In this episode, Jeff discusses the differences between a Special Needs Trust and a Supplemental Needs Trust as part of that commitment. Our Special Needs Workshop offers another opportunity to learn these key concepts.
Our Estate Planning Workshop focuses on pre-planning activities, such as Wills, Powers of Attorney, and Asset Protection Trusts.
If you or a loved one will need skilled care in the next six months to a year, our Medicaid Workshop would probably best serve you.
The Life Care Planning Workshop helps you support a loved one in aging in place. Our licensed social workers share their valuable expertise with you.
After the loss of a loved one, you can attend our Administration Workshop, where you’ll learn how to administer the estate properly.
Call (717) 845-5390 or visit https://bellomoassociates.com/workshops/ to learn more or register for our free, educational workshops.
Don't forget to follow, like, and subscribe for upcoming podcast episodes:
🍎 Apple: https://podcasts.apple.com/us/podcast/whats-in-a-name-special-needs-trusts-v-supplemental/id1634278675?i=1000689548410
🎬 YouTube: https://youtu.be/JKlkp4sYOao
🟢 Spotify: https://open.spotify.com/episode/4M2a5K6wkiorREUoUpekD5?si=sX0Goq55QTehqyre5suz1Q
Your Family and Your Future: Who Decides The Important Things?It's natural for people to rely on professionals when it comes to complex subjects like finance, taxes, estate planning, and elder law. However, professionals can leave a client feeling overwhelmed or unsure by giving advice that the client doesnt fully understand. So, the client lets the professionals make decisions for them. As a result, many clients agree to critical planning mistakes based on well-intentioned but misguided advice.Jeff and the team at Bellomo & Associates believe you should be the one making key planning decisions because no one understands your circumstances and your goals better than you. Thats why our free, educational workshops are designed to help you understand the landscape so that you can make smart, informed decisions based on your familys unique needs. Join us as Jeff discusses how to get the most out of your work with professionals and the importance of making your own decisions.Gain the clarity you need to confidently protect your familys future.Avoid costly planning mistakes by understanding your options before you commit.Learn how to take control of your estate plan instead of feeling overwhelmed by it.Discover how to make informed decisions that align with your familys unique goals.Walk away with the knowledge to work smarter not blindly with professional advisors.Feel confident knowing your plan truly reflects your wishes, not just someone elses recommendations.Don't forget to Follow, Like, and Subscribe for upcoming podcast episodes: Apple: https://podcasts.apple.com/us/podcast/your-family-and-your-future-who-decides-the/id1634278675?i=1000698993571 YouTube: https://youtu.be/b33gFy-rkqE Spotify: https://open.spotify.com/episode/1fVrNmU11GypEkrLCmgxn5?si=sIwZmz8lQqCA6BE2Chfr4g
Are your affairs in order? Recent aviation disasters and the devastating wildfires in California are stark reminders that our lives can change instantly. No one wants to dwell on worst-case scenarios, but having a plan can provide peace of mind and protect your legacy and your loved ones if tragedy strikes. Jeff shares practical steps you can take to prepare for the unexpectedfrom creating an estate plan to deciding on funeral arrangements and the distribution of meaningful family heirlooms. Not all pre-death planning requires a lawyer, but documenting and communicating clear wishes and intentions can ensure that your affairs are in order no matter what the future holds. Apple: https://podcasts.apple.com/us/podcast/when-tragedy-strikes-planning-can-protect-your-family/id1634278675?i=1000698030983 YouTube: https://youtu.be/RYUoyDUvQXQ Spotify: https://open.spotify.com/episode/7mfmnJYRL1nGpnOY9scIqg?si=J6sDJoPTRguXiXvGHDPPYA
Asset Protection After Death: How to Avoid Probate the Smart Way You may have been told by family, friends, or even your financial planner that you should avoid the probate process by adding a joint owner to your financial accounts and/or by designating a beneficiary for your assets. But be aware. While you save upfront costs, you lose control of your assets and open your family to unintended consequences, which can be much more costly in the long run. There is a better way to avoid probate. We encourage you to share this discussion with the people in your life so that everyone understands the smart alternatives to avoiding the probate process.Don't forget to Follow, Like, and Subscribe for upcoming podcast episodes: Apple: https://podcasts.apple.com/us/podcast/asset-protection-after-death-how-to-avoid-probate-the/id1634278675?i=1000694248815 YouTube: https://youtu.be/Qox88b9rXFc Spotify: https://open.spotify.com/episode/3acsqy6296TgaA1iVtnAQO?si=CH8q0xdCQd697ehZh87pHg