Are you a parent of a special needs child? Is your spouse disabled?
Then you face a particular challenge: How do you make sure they’re cared for after you are gone?
We can help you construct a plan to protect your disabled loved one’s eligibility for government benefits programs.
A Special Needs Trust allows you to provide funding for what your loved one needs while still allowing them to remain eligible for government benefit programs such as Medicaid or SSI.
Many of these programs have fairly low asset and income thresholds.
Receiving an inheritance, lawsuit settlement, or other monies may disqualify a special needs person from their government benefits.
A Special Needs Trust helps to transfer assets so that these aren’t counted against a person’s asset limit. It allows for assets and income to be distributed in a manner that doesn’t risk the beneficiary losing their benefits.
Our experienced Special Needs Planning attorneys can help you decide if, and which type, of Special Needs Trust may work for your disabled loved one.
There are two main types of Special Needs Trusts:
A few of the many benefits that a Special Needs Trust provides include:
Even if a trust is properly established and funded, the special needs individual’s public benefits could be reduced or eliminated if the trust funds are used improperly.
Special Needs Trusts offer many benefits to families looking at a long-term picture.
With a plan in place, you can ensure your disabled loved one is cared for, protected, and looked after no matter what.
Our experienced Special Needs Planning attorney team takes the time to understand your present situation, your vision for tomorrow, and help you create a peace-of-mind solution that delivers for the long haul.
Get in the driver’s seat to take control of your loved one’s tomorrow.
Get ready for tomorrow by starting today.
Our team has experience, knowledge, and insight to guide our Treasure Coast clients through the complex web rules that govern Special Needs Trusts.
That’s why our first conversation with new clients is a discussion to see where we can provide the most benefit. It helps us nail down what’s important to you and your family going forward. With that in mind, we can start to shape the legal framework that protects your vision.