Home Archive by category "Special Needs" (Page 2)

Category: Special Needs

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.

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Encino Trust Lawyer Answers, “How Should I Divide My Estate When One Child Has Special Needs?”

There are many issues that come up when planning for a loved one with special needs, including how much property or how many assets should be left behind in a Special Needs Trust for his or her benefit. This issue can be especially tricky if you’d also like to leave an inheritance to other family members. There is no black and white answer to this question – it all depends on your family’s unique situation and what goals you’d like to achieve when planning for your loved one with special needs.

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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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