Special Needs Planning Attorney
A Special Needs Trust (sometimes referred to as a ‘supplemental needs trust’) is a trust fund for a disabled beneficiary. It is important to create a Special Needs Trust to
The most common reasons people create a Special Needs Trust:
- To protect assets that belong to a beneficiary with a disability who needs benefits (such as Medicaid).
- To hold assets such as a personal injury settlement or inheritance awarded to a disabled person already receiving benefits (such as social security disability or Supplemental Security Insurance)
- To receive assets from an elderly disabled person who is trying to qualify for Medicaid themselves.
The main purpose of a Special Needs Trust is to ensure there is no lapse or reduction in
If you or a loved one are receiving government benefits and will be acquiring an inheritance or personal injury settlement, contact our office to help you set up your Special Needs Trust to ensure your qualification for benefits.
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