- 2018 Posts
- Caregiver Specialist Heather Resnick on Caregiver Support
- Grandparents Raising Grandchildren
- Center Launches North Shore Senior Options
- On Blindness, Alzheimer's and Love
- Shared Vision: Winnetka Congregational Church Woman's Society Benevolence Committee
- Protecting Seniors and Adults with Disabilities: Adult Protective Services
- A Jack of All Trades: Al Davis
- Family Tradition: Gone Fishin'
- Dedicated Volunteer: Fern Kamen
- Generous Soul: Mitchell Slotnick
- Assessing the Older Adult Members of your Family
- Giving Back: Fay Goldblatt
- Adult Protective Services (APS) Program Benefits from Shamrock Shindig
- Humble Beginnings: Bobbi Halloran
+ 2017 Posts
- Arts and Crafts at the Center
- #GivingTuesday at North Shore Senior Center
- Leisure Time Well Spent - Daytrips at the Center
- New Advisory Council Formed
- Playreading with Vivian Mitchel
- North Shore Senior Center's Foundation Board
- Wills vs. Trusts
- Joan Golder Distinguished Senior Lecture Series showcased actor Mike Nussbaum
- 20/20 Corporate Campaign
- Functional Fitness: Training for Everyday Life
- Benefits of Pet Therapy for People with Memory Loss
- Grandparents Raising Grandchildren Benefit from Oktoberfest
- Small Screen Big Stars: Oh What a Night!
- Sharing a Common Thread
- Helping You Make Informed Choices for Care
- 2017 Janet Burgoon Philanthropic Excellence Award for Distinguished Community Partner
- 2017 Janet Burgoon Philanthropic Excellence Award for Dedicated Corporation
- 2017 Janet Burgoon Philanthropic Excellence Award for Outstanding Philanthropist
- Special Needs Trusts
- Gifts in Kind Increase the Center's Impact
- Enrich your Life with Lifelong Learning
- A Little TLC Goes a Long Way
- PEARLS: Reducing Symptoms of Depression Home-based Counseling Services Available
- Big Stars to Chair Annual Benefit
- Evanston Community Foundation
- Million Dollar Round Table Foundation
- Super Senior Day
- New Physical Therapy Services Now Available at North Shore Senior Center!
- Stroke Prevention Tips
- Why Powers of Attorney are Important to You!
- Get Expert Help with Your Tax Returns
- North Shore Senior Center Awarded Gold Status for Philanthropic Efforts
- Fitness as a Goal for Life
- Men's Club Offers Unique Programs to Community
- Spread the Love at North Shore Senior Center
- Jean Griswold Foundation supports House of Welcome Adult Day Services
- "I think a hero is any person really intent on making this a better place for people." - Maya Angelou
- "A true hero isn't measured by the size of his strength, but by the strength of his heart." - Zeus from Hercules
- Winter Safety and Health Tips
- "A hero is someone who has given his or her life to something bigger than oneself." - Joseph Campbell
- A Granddaughter's Love for her Grandmother
- Six Things to Consider Before Making Gifts to Grandchildren
- Lending Closet for Durable Medical Equipment at North Shore Senior Center
- Seniors Can Save Lives by Donating Blood
+ 2016 Posts
- Lifelong Learning Catalog Wins International Award for Best Brochure
- Life Stories are Gifts that Keep on Giving
- Visiting Aging Parents During the Holidays
- Edna Weber Garden of Light Wing at the House of Welcome
- Learn More About What Makes This World Tick
- 60 Years of Service: Advocacy
- 60 Years of Service: Compassion
- Myrna and John Cruikshank, III: Steady and Committed Philanthropists
- Kenilworth United Fund: Longstanding, Civic-Minded Community Partner
- Radford Green at Sedgebrook: Dedicated Corporation and Vested Supporter
- Simple Tips to Improve Your Balance
- 60 Years of Service: Creativity
- Daily Money Management Fosters Peace of Mind
- Opportunities for Learning, Exploring, and Connecting
- The Edna Weber "Garden of Light" Wing
- Protecting Vulnerable Seniors: Adult Protective Services Promotes Quality of Life
- Top Ten Reasons Why Older Adults Continue to Work
- Super Seniors We Admire!
- Scams and Fraud: Protect Yourself
- The State's Devastating Impact on Our Budget
- North Shore Senior Center Southern Hub Moves to Niles
- Alzheimer's Family Support Group
- Evanston Support Group for Family Caregivers
- Family Caregiver Support Group in Skokie
+ 2015 Posts
- Music + Dance + Dialogue = A Musical!
- Flex and Strengthen Your Muscles
- Generous & Caring Corporate Citizen
- More Than Service and Fellowship
- Art Gallery a "Hidden Gem" at North Shore Senior Center
- Sound Off on Hearing Loss
- Making Sense of American Poltics
- Fitness Center Enhances More Than Muscle Strength
- Virtual View of Art: From the Basics to Specialties
- Social Connections are a Key to Successful Aging
- North Shore Senior Center Celebrates Super Seniors!
- Super Senior Spotlight
- What is a Senior Center?
- MDRT Foundation Aids Grandparents Raising Grandchildren Program
- Social Worker Reaches Out to Seniors in Need
- How to Achieve Your Healthiest Brain Yet
- AmazonSmile: Your Online Shopping Can Help NSSC!
+ 2014 Posts
Special Needs TrustsJuly 27, 2017
Protection and peace of mind for your family members with special needs.
By: Peck Ritchey, LLC Attorneys at Law
Having a family member with a disability can be difficult, and just the thought of how you might guarantee they are cared for after you’re gone can be daunting, stressful, and uncertain. Thankfully, there are ways to provide for your loved ones with special needs that protect them and give you peace of mind. Drafting a Third-Party Special Needs Trust is a great way to care for your loved one with special needs that protects the government benefits they are entitled to while at the same time allowing them access to additional funds you’ve set aside for them to pay for expenses not covered by government benefits.
A Third-Party Special Needs Trust is aimed to protect government benefit eligibility for disabled persons who receive assets through inheritance or gifting. It allows trust assets to be reserved for expenses not covered by government benefits and may offer creditor protection for the disabled beneficiary. This type of trust must be established by someone other than the disabled child, or the disabled child’s agent or legal representative and is not funded by assets belonging to the beneficiary.
An important point to remember is that a Third-Party Special Needs Trust, in deference to a basic support trust, allows your disabled loved one’s inheritance to supplement, not supplant, government benefits. The goal of parents or grandparents with special-needs children is not to trade their dollars for the government’s dollars. Rather, they desire that their dollars be in addition to government dollars.
Here in Illinois, the courts have told us that in order for a trust to be qualify as a Third-Party Special Needs Trust the language drafted into the trust document must plainly express the parents’ or grandparents’ purpose in establishing the trust. That the parents’ or grandparents’ intention was to provide a source of funds to be available only to the extent that the government was unwilling or unable to provide such funds. What this essentially means is that the state of Illinois will honor a Third-Party Special Needs Trust, and view the inheritance in the trust as a “reserve fund” meant to subsidize any additional needs your disabled loved one’s require during their life.
Setting up a Third-Party Special Needs Trust can be a daunting process as the language in the trust needs clearly establish that the trust was intended to be a Third-Party Special Needs Trust. Finding an attorney to help guide you through the process is imperative for ensuring the necessary steps taken in drafting the trust are done correctly.
Kerry R. Peck is the managing partner of the law firm Peck Ritchey, LLC, with offices in Chicago and Northbrook, where he concentrates his practice in Trust and Estate Litigation, Estate Planning, Administration, Guardianship and Fiduciary Litigation, Special Needs and Alzheimer’s Disease Planning. Mr. Peck is past President of the 22,000-lawyer Chicago Bar Association. He was named chair of the State’s Attorney Anita Alvarez’s Elder Abuse Task Force and was retained by the City of Chicago Department of Aging to rewrite the State of Illinois Elder Abuse and Neglect Act. He co-wrote the book Alzheimer’s and the Law, published by the American Bar Association, and frequently teaches attorneys and healthcare professionals across the country.