As the parent of a loved one with special needs, you are no doubt concerned about obtaining the assistance your loved one needs now and ensuring he or she will be well cared for when you are no longer able to provide that care yourself. At Legacy Law Firm, P.C., we work with parents, family members, caregivers and trustees to help manage the personal, medical, legal and financial affairs of people with special needs. We will collaborate closely with you to gain an understanding of your priorities for the care of your special needs loved one, help you obtain that care, explain your options, and analyze your financial situation to determine the benefits available to you. Then we will design and implement a customized plan to meet your loved one’s needs now and in the future.
Special Needs Trusts
Special needs trusts, also known as supplemental needs trusts, can create a fund to augment services and care not provided by government assistance programs like Supplemental Security Income (SSI) and Medicaid, while at the same time maintaining eligibility for these programs. A special needs trust can include funds for entertainment, travel expenses, wheelchair-accessible transportation, education, advanced medical and dental care, and more. In this way, a special needs trust can provide money for services capable of improving the quality of life of your loved one with special needs.
It is important to note that different government assistance programs have their own set of rules and that these rules can be quite complicated. An improperly designed special needs trust could jeopardize your loved one’s eligibility for assistance from SSI and Medicaid. In addition, the care requirements of your special needs loved one will change over time, as will the financial situation of your family. For a properly designed special needs trust and effective overall plan, contact our special needs planning lawyers at Legacy Law Firm, P.C. Your initial meeting with us is complimentary.