Category Archives: Special Needs Planning

November Meeting will be Monday the 14th — CalABLE

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Please Note: Our November meeting in 2022 with be Monday 11/14/22 (the second Monday of the month, rather than the third).

NAMI South Bay Monthly Meeting (Virtual)
7:30 PM
Monday, November 14, 2022

CalABLE

Dante Allen, the Executive Director of the State of California Achieving a Better Life Experience (CalABLE) Program, will present information on the program. CalABLE is a savings and investment plan offered by the state of California to individuals who developed a disability by age 26.

Eligible individuals, family, friends, and employers can contribute up to $16,000 per year, and up to $100,000 total, without affecting eligibility for public disability benefits. CalABLE account owners who work can contribute even more to their accounts. Best of all, earnings on qualified withdrawals are federal and California state tax-free. Small amounts may still be very helpful in providing funds for persons with a mental illness and avoiding problems with government benefits.

This presentation will cover CalABLE basics and provide you with an opportunity to ask any questions you may have about CalABLE. This program provides a very valuable option for families and persons with a mental illness to consider.

This meeting will be conducted via Zoom. To attend, see our Monthly email Newsletter for login information or contact Paul Stansbury for information and access. pstans5@aol.com.

August Meeting – Special Needs Trusts

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Monday, August 15, 2022
7:30 p.m.
Virtual

Monday evening, Karen Holt, Esq., will present on Special Needs Trust. A “special needs trust,” also know in some jurisdictions as a “supplemental needs trust,” is a specialized trust that allows the disabled beneficiary to enjoy the use of property that is held in the trust for his or her benefit, while at the same time allowing the beneficiary to receive essential needs-based government assistance.

Ms. Holt will review the needs and issues regarding special needs trust, government benefits and requirements. Because of the restrictions on how much income and what support can be provided to persons with a mental illness disability, the use and structure of a special needs trust is very important. The special needs trust can be an extremely valuable tool for family members to consider in supporting their loved ones.

The meeting will be virtual. Please contact Nami South Bay President, Paul Stansbury (pstans5@aol.com) for remote access information.

Meeting Tonight about Special Needs Trusts

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Attorney Karen R. Holt will speak at our June 15, 2015, meeting about Special Needs Trust. Karen has spoken at our meetings in the past and her information has been very valuable to our members. If you don’t already have one, it will be your chance to learn about special needs trusts. If you have one established for your loved one, it will be your opportunity to gain current information and updates about special needs trusts. Information is very critical to avoiding loss of government benefits. You won’t want to miss this informative presentation at 7:30 PM at the First Lutheran Church.

In addition to Special Needs Planning, Karen’s practice includes Comprehensive Estate Plans, Business Formation, Real-Estate Transactions, Trust Administration and Probate. Special Needs Planning, in particular, involves advice and documents for complicated issues such as how to leave inheritance or gifts to a loved one who suffers from a disability or advanced age and whom may need long-term care.  Proper planning provides the necessary protection to insure the best financial and medical benefits available while enhancing quality of life for those family members who may not be able to plan for themselves and need our help the most.

The meeting will be preceded by Caring and Sharing Group Support at 6 p.m. in the Fireside Chat Room. The Speaker Meeting will begin at 7:30 p.m. First Lutheran Church is at 2900 Carson Street, in Torrance, California.

Monthly Speakers Night — NAMI Urban Los Angeles

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From NAMI Urban Los Angeles:

 

Please join us

Earl Parham, President

Insurportal

Speaks on:

Understanding Health Reform in California

The Affordable Care Act and Healthcare reform is the foundation for enhanced services to be provided for those with a brain disorder

Earl Parham is President of Insurportal. In this role, he provides overall leadership for the health, life and retirement brokerage company. Mr. Parham has 10 years of industry experience as a licensed health and life agent. Also, he is founder of Insurportalblog which is a research and news source for financial services. His vision is to empower the consumer to be able to make better insurance decisions. Insurportal follows one simple rule: Always act solely in the best interest of the client.

He is a board member with the GRYD Foundation. The GRYD foundation is an independent, 501C3 nonprofit corporation that collaborates with the City of Los Angeles Mayor’s Office of Gang Reduction and Youth Development to reduce incidences of violent crime in Los Angeles, build strong communities and help sister cities to develop effective violence reduction strategies.

Mr. Parham graduated from the University of Illinois at Urbana-Champaign with a BA in Urban Planning. He worked for the Los Angeles Urban as a Manager of Business Services before starting his company.

You’re not alone… we’re here to help!

July Meeting: What You Need to Know about Special Needs Trusts

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Attorney Karen Holt will speak at our July 15, 2013, meeting about Special Needs Trust. Karen has spoken at our meetings in the past and her information has been very valuable to our members. If you don’t already have one, it will be your chance to learn about special needs trusts. If you have one established for your loved one, it will be your opportunity to gain current information and updates about special needs trusts. Information is very critical to avoiding loss of government benefits. You won’t want to miss this informative presentation at 7:30 PM in Fellowship Hall at the First Lutheran Church.

In addition to Special Needs Planning, Karen’s practice includes Comprehensive Estate Plans, Business Formation, Real-Estate Transactions, Trust Administration and Probate. Special Needs Planning, in particular, involves advice and documents for complicated issues such as how to leave inheritance or gifts to a loved one who suffers from a disability or advanced age and whom may need long-term care.  Proper planning provides the necessary protection to insure the best financial and medical benefits available while enhancing quality of life for those family members who may not be able to plan for themselves and need our help the most.

The meeting will be preceded by Caring and Sharing Group Support at 6 p.m. in the Fireside Chat Room. The Speaker Meeting will begin at 7:30 p.m. in the Fellowship Hall. First Lutheran Church is at 2900 Carson Street, in Torrance, California.