Leaving money directly to someone with a disability can affect their access to Medicaid, SSI, and other programs. A Special Needs Trust allows you to provide for them without putting those benefits at risk.
Planning for the future is never simple. When you are raising a child with special needs, it carries an extra layer of care, responsibility, and emotion. Many parents worry about what will happen if they
Families caring for a person with a disability make many decisions that affect benefits, quality of life, and financial security. Good information reduces stress and helps you avoid costly mistakes. The Special Needs Alliance website
If you are a parent of a child with special needs, a special needs trust (SNT) should be an essential part of your estate planning. Without one, leaving assets directly to your child—whether through a
A Letter of Intent (LOI) is an essential document for parents or caregivers that provides critical information about medical needs, routines, preferences, and long-term care plans of a child with special needs. It provides detailed
Every parent worries about whether their child’s well-being in the event of a tragedy. These concerns are compounded for parents of children with special needs, who may not have the capacity to communicate their needs
A Special Needs Trust (SNT), also known as a Supplemental Needs Trust, is a trust created for a disabled beneficiary to hold funds in a way that preserves his or her eligibility for public benefits.
Special needs trusts are trusts that hold assets for a disabled beneficiary and distribute funds in a way that preserves the beneficiary’s eligibility to receive public benefits. Pooled trusts are special needs trusts established by non-profit
Understanding the differences between first-party and third-party Special Needs Trusts is important when planning for a loved one with special needs. Both types of trusts serve to protect the beneficiary’s eligibility for government benefits, but
Several parents have contacted me recently about setting up stand-alone special needs trust for their children. Unlike a supplemental needs trust that is created in a Will and funded at death, a stand-alone special needs
All parents worry about protecting their children if the unthinkable happens. But those worries are compounded for parents of children with special needs who may never be able to support themselves. These children often rely
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The information contained in this website is provided for informational purposes only and should not be construed as offering legal advice or creating an attorney-client relationship between the reader and the author. You should not act or refrain from acting on the basis of any content included in this website without seeking appropriate legal advice about your individual facts and circumstances from an attorney licensed in your state. Rania Combs is licensed to practice law in Texas and North Carolina. Rania Combs is physically located in Chapel Hill, North Carolina and meets with clients in Houston, Texas by appointment only.
