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  • Disabled beneficiaries who directly receive an inheritance risk losing their government benefits. A special needs trust is an irrevocable trust that helps protect the disabled beneficiary. Your loved one continues to qualify for government support, but also benefits from your wealth. 

    Keep in mind that there may be many people who have your disabled loved on in their plans. No matter how well-meaning, folks who leave money directly to your disabled loved one jeopardize his or her government benefits. You may set up a SNT now, to catch any inheritances or gifts that you and others wish to make to your disabled love one. 

    Funds in the special needs trust can pay for care that Medicaid and other programs do not. Dental work, eyeglasses, dedicated therapies-your loved one obviously benefits from these. But don't forget other quality of life issues, such as travel, education, and music. Properly drafted, a special needs trust can open doors for your loved one that you may not imagine.

        Family Limited Partnership (FLP)
        Limited Liability Company (LLC)
        Family Limited Liability Company (FLLC)
        Professional Liability Company (PLC)
        IRA Trust
        Special Needs Trust
        Medicaid Asset Protection Trust
        Qualified Income Trust
        Irrevocable Life Insurance Trust


     


    Your Caring Law Firm
    610 S. Maitland Ave.  Maitland, FL 32751
    (407) 622-1900

    Monday through Friday
    8:30 a.m. to 5:00 p.m.