Naming a Special Needs Trust as Beneficiary of Your IRA or Retirement Plan
This issue of The Voice® is written by Lisa Nachmias Davis, CELA, who is a partner in the New Haven, Connecticut firm of Davis O’Sullivan & Priest, LLC.
Filing a Tax Return for a Special Needs Trust:What a Trustee Needs to Know at Tax Time
This edition of The Voice® is a reprint of an article originally published back in April of 2017. As we head into tax season with so many different things on our minds, we thought it a good idea to reprint this article to remind special needs trust trustees of their obligations at tax time.
The primary focus of this article is to provide an introduction to the tax form that typically must be filed for special needs trusts that are generating income.
Tara Anne Pleat, Esq., CELA, is a founding partner of the law firm of Wilcenski & Pleat PLLC, in Clifton Park, New York. She practices in the areas of Special Needs Planning, Elder Law, and Trust and Estate Planning and Administration. Tara writes and lectures frequently on issues affecting individuals with disabilities and their families. She is currently a Member of the Board of Directors of the Special Needs Alliance.