What is a Special Needs Trust?A special needs trust is a powerful legal tool that can help protect the financial interests of a child with special needs. One of the main benefits of a special needs trust is that it allows parents or caregivers to access money now to care for a child with special needs, without affecting the child's eligibility for Medicaid and other government benefits in the future. There may be a variety of tools available to help you meet your estate planning needs and to protect the interests of your child. One of the main concerns of parents of a child with special needs is to ensure that their child receives his or her inheritance without compromising his or her eligibility for government benefits. We can discuss specific ways in which to protect your child's financial interests now and in the future. |
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