A special needs trust — sometimes called a supplemental needs trust — is most often set up to provide money over an extended period to a family member with a disability. It may provide income to the person in need on an established schedule, allowing the heir to have a higher quality of life while protecting his or her right and ability to receive government benefits such as Supplemental Security Income (SSI), Medicaid or certain veteran's benefits.
Applying personal attention and careful analysis to each situation, we provide comprehensive estate planning to match your unique goals. Depending on circumstances, your plan may include:
• Establishment of an irrevocable special needs trust that allows members of your extended family to contribute over time
• Specific language written into a will or other type of trust that helps maximize someone's total income and assets if you become incapacitated or pass away
• Other forms of long term care planning for other family members as well as yourself
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