Planning for the care of loved ones with special needs certainly tops the list of
emotionally-charged topics. The mere idea wrenches the heart of any parent, if untimely
death or disability strikes, who will care for your children? The peace of mind parents
gain from a well-designed estate plan, more than compensates them for having to plan for
the unthinkable.
How A Special Needs Trust Works
A Special Needs Trust allows a parent, grandparent or guardian to provide
funds for a disabled child without disrupting the childs eligibility for government aid.
Setting one up is a fairly simple process.
Important points to remember while investigating the use of this estate planning tool are:
- Decide on an appropriate guardian for your child.
- Determine who would be a suitable trustee(s) to manage the trust's assets and supervise your child's finances.
- Outline instructions for your child's education, housing and other personal needs.
Free Report
Imperative planning considerations for Special Needs families are covered in far more detail in our
free report entitled, "A Special Child Needs Special Planning."
You may also click here to view all available Special Reports.
Request a Consultation
To request a consultation, please call us at (330) 394-1501 or 1-800-307-5544 or fill out our
online request form and one of our legal assistants will call to
schedule a convenient time for you. When calling, please ask how you can obtain a consultation.
Resources
Helpful links for Government benefits and other useful information.