Special Needs
One particular type of trust used to make assets and income available to disabled persons without endangering their access to necessary government supports for income, housing, food and medical care is the so-called special needs trust.
The realities of American family life today include the fact that a high portion of our population becomes disabled at some point during their lifetimes, and their need for protection and services is added to those of people who are born with disabilities requiring those supports.
Unfortunately, the need for adequate arrangements, which are affected by numerous state and federal regulations related to nursing care and medical care, Social Security disability benefits, food supports, housing assistance programs and other similar programs, is often not recognized until after the need arises with no adequate preparation made.
Our advising group uses multiple approaches to assuring that resources remain available to support the quality of life of persons affected by disability.