We know planning for the future with a special needs loved one can often feel overwhelming. Retaining the guidance of a trusted attorney to discuss your loved one’s current situation as well as their future prognosis is the first step to protecting them from anything that may arise.

Your special needs loved one may not have the ability to manage money or property they receive in an inheritance or elsewhere. Special needs planning involves making sure that provisions are made so money or assets given to them can be effectively managed. A trustee can be named and instructions given to ensure the money or property is used exclusively to provide for the person with the special needs.

It is also common for a special needs individual to receive government benefits such as Medicaid or Supplemental Security Income (SSI). If any these benefits are being received, an inheritance or gift could result in disqualification of the benefits. Medicaid planning can help to ensure that this money or property does not result in disqualification of their benefits, which could prove to be devastating on many levels.

Creating a special needs trust (also known as a supplemental needs trust) is important in order to maintain your loved one’s quality of life. While your special needs loved one may already receive government assistance through their Supplemental Security Income (SSI), these benefits will only account for their basic living and medical needs. The special needs trust will provide them with the ability to pursue hobbies, recreation, and all the things that make them happy.

The attorneys at KF Law Group are here to discuss your child’s current needs and how to best protect them well into the future through special needs planning. Ensuring they are provided a meaningful, happy life no matter what the future holds will help you to rest easy.