A Comparison of Special Needs Trusts and ABLE Accounts
Special Needs Trusts (SNTs) and ABLE accounts both allow individuals with disabilities to save money without losing eligibility for vital public benefits like SSI and Medi-Cal. At Chubb Law Firm, PC, we’ll help you determine which option—or combination—is best for your family’s unique situation.
10 Tips to Consider for Special Needs Planning
Planning for a loved one with special needs is one of the most important things you can do to protect their future. These 10 tips will help you plan wisely—without jeopardizing vital benefits or your broader estate plan.
Estate Planning for Parents of Children With Mental Illness
Mental illness impacts millions of families in the U.S., making proper estate planning essential for protecting children with mental health challenges. At Chubb Law Firm, PC, we help parents create customized plans—including special needs trusts and psychiatric advance directives—to ensure long-term care, financial security, and access to vital benefits.
Important Information That May Affect Your Estate Plan
The House Ways and Means Committee submitted their proposal to congress on September 13, 2021 that could bring incredible changes to our estate planning clients. As things continue to change, we’ve been keeping an eye on this topic and wanted to share some helpful information and resources for you so you can make a well-informed decision about how to protect your estate plan. The latest proposal on October 28, 2021 removed many of the changes related to estates and trusts.
Tales From The Front: Part Two - Don't Be a Hero - Hiring the Right Professionals
In Part One, I described the crises that lead to both my parents needing care at the same time. Here is Tales From The Front: Part Two - Don't Be a Hero - Hiring the Right Professionals.
Taxes, Taxes, Taxes
What do you think of when you hear the word, “tax?” You may think of income taxes or maybe death taxes (estate taxes). The truth is, all of these taxes, along with other ones, too, can affect you and your estate plan. Here’s a brief overview of the different types of taxes
Organizing Documents For The New Year
If you feel like you are constantly buried beneath stacks of paper, it may be time to make a change and get organized. The more paper you have stacked on your desk, or hidden away in drawers, the harder it will be to find important documents when needed. Take some time to dig through your overflowing paperwork and throw out any outdated, unneeded documents, especially if they are only gathering dust.
The College Student Parent Survival Guide
As soon as your child has their 18th birthday, they are legally seen as an adult in the state of California. This change in legal status results in a large shift as to what you can and cannot do as a parent.