Special Needs Planning
Learn more about the various planning options that MVP Law Group can provide. Contact us today for a Free Consultation to learn more!
SPECIAL NEEDS LEGAL PLANNING
Families with special needs children have additional considerations when making their estate plans. This becomes more complex if a special needs child is still a minor or an adult who receives needs-based public benefits such as Medicaid/Medi-Cal and SSI. The goal of most parents is their desire to have their estate enhance their special needs child’s life while maintaining the child’s enrollment in essential public benefits programs. These goals can be met through the use of a properly prepared special needs trust.
A Special Needs Trust is a unique trust that holds title to assets and property for the benefit of a child or adult who has a disability without interfering with eligibility for government assistance programs. The Special Needs Trust can be used to provide for the needs of a child or adult with a disability and supplement benefits received from various governmental benefits programs. A Special Needs Trust can hold cash, real property, personal property and can be the beneficiary of life insurance policies.
Our law firm helps families address the financial, legal, and social aspects of a person’s life to develop an effective plan for the future. Our goal is to ensure that their needs are met and that they have the opportunity to expand their horizons and follow their dreams.
In addition, see a list of Special Needs Resources on our website.
How MVP Law Group can help!
Problems can occur when people don’t correctly coordinate all of the aspects of passing on their estate. If you have a well-drafted estate plan in place, you will ensure that your estate passes to whom you want, when you want, and is carried out in your chosen manner. With the right estate plan, you can rest assured that your family won’t have to endure a public process and face high probate costs. The government will also not be able to take a large portion of what you’ve spent a lifetime building. But you need to be aware of the many options that exist in estate planning – and you must choose your estate planning attorney wisely.
We offer a wealth of free information and free estate planning seminars in your area. Explore the resources available on our website, join us for a free Estate Planning Seminar, and request a Free Consultation.
We want you to feel confident about the choices you make, and we can be your guide on the path toward preserving your family’s future.