A special needs trust (SNT) and an Achieving a Better Life Experience (ABLE) account each provide a tax-free way for people ...
A federal bankruptcy judge ordered Clearwater businessman, Leo Govoni, to be responsible for the missing $120 million.
A court order ended the yearlong controversy over millions of dollars Leo Govoni allegedly siphoned from a special needs ...
While every family’s situation is unique, the laws regulating special needs trusts are complex and can require some strategizing by families and trust companies — and if necessary, utilization ...
It is easy to think that something called a “special needs trust” is only used infrequently – after all, the very name implies the need for such a trust is rare. That could not be further ...
A judge approved the recovery of assets from the Clearwater businessman, whose companies include Big Storm Brewing.
Like many parents of special-needs children, financial advisor Lisa Bamburg is extra protective of her 27-year-old nonverbal autistic son, Joel. When her mother wanted to leave Joel a $1 million ...
Proceeds from a life insurance policy can fund a special needs trust. This legal arrangement allows individuals with disabilities to receive financial support without jeopardizing eligibility for ...
Govoni has been accused of using more than $100M of his nonprofit’s funds to loan other businesses under his control.
Advisors say planning for a family with a disabled child involves setting up the right life insurance for relatives, a Henson trust, registered accounts and taking advantage of provincial and federal ...