Special Needs Planning

Special needs planning is a crucial aspect of estate planning that focuses on providing support and security for individuals with disabilities or special needs. This type of planning goes beyond traditional estate planning to address the specific challenges and requirements faced by individuals with disabilities and their families.

One of the primary goals of special needs planning is to ensure that individuals with disabilities continue to receive necessary care and support throughout their lives, even after their parents or caregivers are no longer able to provide assistance. This often involves setting up a special needs trust, which is a legal arrangement designed to manage assets and funds for the benefit of the individual with special needs without jeopardizing their eligibility for government benefits such as Medicaid and Supplemental Security Income (SSI).

In addition to financial considerations, special needs planning also encompasses healthcare decisions, housing arrangements, education planning, and guardianship or advocacy provisions. It involves working closely with an experienced attorney who understands the intricacies of disability law and can create a customized plan that meets the specific needs and goals of the individual and their family.

By engaging in comprehensive special needs planning, families can ensure peace of mind knowing that their loved one with disabilities will have the necessary resources and support to lead a fulfilling and independent life, while also protecting their eligibility for vital government assistance programs.