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
Daniel made the entire process simple and easy to understand. He took our questions and made sure we understood all the legal aspects and responsibilities seamless. Neal V.
We want to thank Matt, he was very helpful in answering our questions and walking us through the process of setting up our Family Trust. Charlotte G.
Marcus West was so helpful in setting up our trust. We had several questions and a lot of properties to manage. He was professional & has a great personality. Pamela B.
Ben, you were very thorough in your explanations, answered all of our questions & we would be happy to put our names to referrals for you. Darrell C.
Hello, Ben. Thank you for your assistance with out trust. Your simple, concise, efficient instructions and explanations were easy to understand and follow. We were pleasantly surprised how quickly you were able to get everything set up and ready to go. Desta R.