Special Needs Trust

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. 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.