Encino Special Needs Lawyer: 3 Things You Need to Know About Special Needs Trusts

When you have a loved one with special needs, you want to make sure that they’re taken care of in every instance – especially after you’ve passed away or if you can no longer care for them by yourself. That’s why creating a special needs trust is so important when it comes to keeping a continuity of care and making sure your loved one can receive all the benefits available to them from state and local agencies. Here are three things you need to know about special needs trusts and how they’ll help provide for your loved one with special needs.

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Los Angeles County Special Needs Lawyer: Protecting Benefits with a Special Needs Trust

Many people have questions about whether they can still receive government benefits after coming into an inheritance. The simple answer is yes, but there is a significant amount of planning that must occur to protect both the benefits and the inheritance, which usually involves the creation of a special needs trust. While inheritances placed in a special needs trust are often protected, the protection of benefits depends on the type of benefits are being received.

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The Do’s and Don’ts of Special Needs Trust Funds | Los Angeles County Special Needs Lawyer

Special Needs Trusts (SNTs) are established to protect money and property for individuals with special needs while allowing them to receive public benefits. A Trustee is named to make financial decisions regarding the Special Needs Trust (such as purchases) but must stay within strict guidelines to ensure benefits are not jeopardized. The following is a list of do’s and don’ts ….

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Encino Special Needs Lawyer: Funding a Special Needs Trust After You Die

If you have a loved one with special needs and want to fund a Special Needs Trust (SNT) for him or her after your death, there are plenty of options for you to do so. However, funding a Special Needs Trust should be done under the strict guidance of an attorney experienced with special needs matters.

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