When a Trust Isn’t an Option: Planning for Your Loved One with Special Needs
Special needs trusts are great tools for families that want to protect assets and give their loved one with special needs an enhanced quality of life. The truth is, however, that special needs trusts are not always the best solution. This is due to factors based on the family’s individual situation, the costs involved with a special needs trust, and the duties and responsibilities of the trustee. In cases where a special needs trust will not fit your family’s situation, there are alternatives that can still achieve your goals for special needs planning.