COVID-19 Update: Appointments now available under Idaho’s revised guidelines. Click Here to Learn More.
Member Of:
Google Reviews
Yelp Reviews
Avvo Client's Choice Award 2019
Justia Lawyer Rating
Martindale-Hubbell 2019

Special Provisions for Special Needs

By Barry Peters | May 30, 2019

Your children with special needs need special provisions to be included in their inheritance.

Leaving an inheritance to your child who is either mentally, emotionally, or physically challenged has risks. They can squander their inheritance. Or havenit stolem.

Your children who receive Social Security disability benefits (SSI) can lose those benefits.

However, the solution to all of these quandaries is the same: A Special Needs Trust.

Under a Special Needs Trust, the inheritance is retained in the trust. Your successor trustee named in the trust will manage the inheritance for your child. The trustee makes the investment decisions and the disbursement decisions.

By leaving the trust assets in the hands of the trustee, almost all of the potential risks can be alleviated. Or eliminated.

And, for beneficiaries who are receiving SSI benefits from Social Security, this preserves their benefits.

For your loved ones who need a managed inheritance, Special Needs provisions should be added to your Family Trust.

Client Reviews
Cadillac service for a great price! No complaints, only compliments. We appreciate your "personal touch" and easygoing style. Paul Jansen
I was completely satisfied with the entire process. In a few short weeks I had a completed trust tailored to my specific needs. It was so easy! The timeline and costs were stated up front, and every aspect was handled with the utmost professionalism, what more could one ask for? The website is extremely helpful. 5 stars to Barry Peters! Melissa S.
Thank you very much for your help with the closing of Mom’s house, it is now scheduled to close Monday. You were the only person that said we can beat all of this. Other attorneys told us to walk away. We put our faith in you Mr. Peters and came out on top. Thank you again. Michael E.