ElderCounsel Principal Michael Amoruso and his Seeing Eye Dog, Demitri, were present yesterday for the signing of the 21st Century Cures Act. A major part of this Act was the Special Needs Trust Fairness Act, which now allows disabled persons to establish and sign their own special needs trust. Previously, only a parent, grandparent, guardian or court could establish such a trust.
Michael was instrumental in advocating for passage of the Special Needs Trust Fairness Act, encouraging the National Academy of Elder Law Attorneys (NAELA) to get involved. "Getting the Special Needs Trust Fairness Act passed has been a long-standing priority for me, spanning the last 23 years,” said Amoruso. “I am very grateful to NAELA for spearheading the effort to get these provisions passed."
In addition to being one of the founders of ElderCounsel, Michael and his wife are the owners of Amoruso & Amoruso, an estate planning and elder law firm in Rye Brook, NY. Michael also serves as Vice President of NAELA.
In summing up the impact of this Act, Amoruso stated, “The long struggle to ensure that folks like me can finally act for themselves like any American with capacity is finally over.”
For more on the background of this Act, visit www.naela.org, and blog.amorusolaw.com.
Join us on Friday!
Michael Amoruso and Executive Director of NAELA, Pete Wacht, will be joining us on Friday, December 16, at 12:00 p.m. ET for our monthly Final Friday Update webinar. They will provide important information about this Act and how it will positively impact your practice and your clients.
Final Friday Update
December 16, 12:00 - 12:30 p.m., ET
Special Guests: Michael Amoruso, ElderCounsel Principal, and Pete Wacht, NAELA Executive Director