URMC / Employee Assistance Program / News & Events / UR Medicine EAP Blog / April 2016 / Five Financial Tips for the Family with Special Needs Five Financial Tips for the Family with Special Needs Check Beneficiary Designations- Should an SSI or Medicaid recipient receive these assets, their benefit could be jeopardized. Beware of Custodial Accounts- These may jeopardize the child’s government benefits. Communicate with family members who may wish to leave assets to a child with disabilities to avoid potential disqualification for government benefits. The Special Needs Trust- A properly drafted Special Needs Trust allows money to be put aside for a person with a disability without it being considered a ‘countable asset’ offsetting government benefits such as SSI, Medicaid, vocational rehabilitation and subsidized housing. Contact Strong EAP to inquire about your EAP benefit with . April is Financial Literacy Month. Tracy Bussey | 4/8/2016 You may also like Dealing with a Holiday Debt Hangover Avoiding Overspending on Holiday Gifts Overcoming Money Fears Should You Freeze Your Credit Report?