Special Needs Planning
Special needs planning focuses on helping those with disabilities maximize and preserve government benefits, protecting assets and the inheritance loved ones leave so the government can’t look at assets or an inheritance as an available resource, and assuring lifelong care so you know your loved one will be taken care of even when you are no longer around. We often advise on and utilize tools such as supplemental needs trusts, special needs trusts, ABLE accounts, qualified income trusts, powers of attorney, and we handle both guardianship and conservatorship court procedures. Often a guardian and conservator is appointed when a child with a disability turns 18 or if an adult later becomes disabled. Our estate planning attorneys have a deep understanding of government benefits along with the ins and outs of special education. Parents of children with special needs must make careful special needs planning choices to coordinate and account for the legal, financial, government benefits and special care needs of loved ones – both now and in the future.
Co-founder and Sioux Falls estate planning attorney Bobbi Thury is a member of the Academy of Special Needs Planners and does government benefits planning, like Medicaid planning. That means she has the ability and training to provide expert guidance in a constantly evolving field of law.
Special Needs Estate Planning Online Resource Center
Planning for your loved one with special needs requires extensive research to become a well-educated advocate. You will want to stay on top of the latest medical, educational, financial, and legal changes. We hope this Special Needs Resource Center provides you with a quick reference to find the additional resources you may need.
- Benefits for Children with Special Needs
- Social Security Benefits Eligibility Screening Tool
- Handbook for Trustees
- Exceptional Parent Online
- The Arc
- National Academy of Elder Law Attorneys
- National Alliance on Mental Illness
- Center for Parent Information and Resources
- Annual Disability Statistics Compendium
- Special Needs Calculator from Merrill Lynch