Posts Tagged ‘special needs estate planning’

A special needs trust is a wonderful tool that can empower a person with disability (“PWD”) and their family, by preserving access to benefits while at the same time protecting family assets.  Family members can create a trust and name a trustee for their loved one so that assets will be held for their benefit and will not interfere with the means-based qualifications for Medicaid or SSI benefits, which are so important in today’s world. But what if the PWD is already in possession of the assets in question, or receives an unexpected inheritance or personal injury settlement?   Owning or receiving such… read more »