• Are 529 Plans the Best Way to Save for SSI Beneficiaries’ Education Expenses?

• • 529 Plans
  • ABLE Accounts
  • Beneficiaries
  • Clay County
  • College Students
  • College Tuition
  • Elder Law
  • Estate Planning
  • Florida
  • Florida First Coast
  • Green Cove Springs
  • Jacksonville
  • North Florida
  • Orange Park
  • Section 529 Plan
  • Social Security
  • Social Security Administration
  • Social Security Income
  • Special Needs Planning
  • Special Needs Trust
  • SSI
  • St. Augustine
  • St. Johns County
  • Tax Cuts and Jobs Act
• 6 years ago
• For many families, Section 529 College Savings Plans are an excellent investment tool when saving money for their child’s educational expenses. But if the child obtains Supplemental Security Income (SSI) benefits, families should be cautious in using a Section 529 plan. 529 plans, named for a pro... [read more]

• Discharged Student Loan Debt No Longer Taxable Under New Tax Law

• • Clay County
  • Duval County
  • Elder Law
  • Estate Planning
  • Florida
  • Jacksonville
  • Medicaid
  • Orange Park
  • SSDI
  • St. Augustine
  • St. Johns County
  • Stop Taxing and Disability Act
  • Student Loans
  • Supplemental Security Income
  • Tax Cuts and Jobs Act
  • Taxes
• 7 years ago
• Among its many other provisions, the newly enacted Tax Cuts and Jobs Act offers significant tax savings for people forced to default on their student loan debt due to a disability. Generally, it is almost impossible to have student loan debt forgiven. It is not even dischargeable in bankruptc... [read more]

• How Will the New Tax Law Affect You?

• • 529 Plans
  • Clay County
  • Elder Law
  • Estate Planning
  • Home Mortgage Income Deduction
  • Jacksonville
  • Life Care Planning
  • Local Taxes
  • Medicaid
  • Medical Expense Deduction
  • Medicare
  • North Florida
  • Orange Park
  • Social Security
  • St. Augustine
  • St. Johns County
  • Standard Deduction and Personal Exemption
  • State and Local Tax Deduction
  • State Taxes
  • Tax Cuts and Jobs Act
  • Tax Rates
  • Taxes
• 7 years ago
• While most of the new tax law – the Tax Cuts and Jobs Act – has to do with reducing the corporate tax rate from 35 percent to 21 percent, some provisions relate to individual taxpayers. Before we get into the details, be aware that almost everything listed below sunsets after 2025, with the tax stru... [read more]