A Special Needs Trust (SNT) is a complex legal tool set up on behalf of a person with special needs or disabilities. The SNT allows a beneficiary with special needs to safely utilize money or property in the trust without jeopardizing the ability collect needs-based public benefits such as Supplemental Security Income (SSI) and Medi-Cal. …
As an Orange County special needs planning lawyer, I often help parents set up a supplemental or Special Needs Trust in California to protect their child’s resources and inheritance for the future. When crafting this important document, the attorney will also help their clients choose a trustee who will be charged with overseeing and managing …
As an Orange County trust lawyer, I am often asked by parents if it is possible to protect an inheritance for an adult child who battles Bipolar Disorder. Unfortunately, one of the hallmarks of the condition is excessive financial spending while in the mania phase of the disease. Parents often worry that if they leave …
Unfortunately, many parents of children with special needs wait until their child turns 18 to consider creating a Special Needs Trust. Sometimes they even wait until their child eventually needs government benefits like SSI or Medi-Cal. However, Special Needs Trusts do a lot more than just to protect the beneficiary’s access to government benefits and …
You’ve been a responsible planner for your family’s future, especially your child with special needs. You’ve met with an Orange County Special Needs attorney, set up a Supplemental or Special Needs Trust and you can breathe a sigh of relief. Your work is done, right? Wrong. Funding and forgetting about a Trust can be as …
When It Comes To A Supplemental Needs Trust, Out of Sight Should Never Be Out of Mind Read More »
As an Orange County special needs planning attorney, I’ve been privy to the fears and concerns of special needs parents through the years including, “What will happen to my child when I am gone,” and “How will he/she be provided for financially in my absence?” As a mother myself, I understand these are legitimate concerns …