A special needs trust allows for an individual with a disability to receive assets without becoming ineligible for government benefits such as Medicaid. There are two types of special needs trusts, which include a self-settled special needs trust and a third-party special needs trust.
There are intricate guidelines that govern special needs trusts. It is important you seek the guidance of an experienced attorney, as making a mistake could lead to your disabled loved one losing access to government benefits. Contact our firm today. Our estate planning attorneys will assess your unique situation, and advise you on whether or not a special needs trust would suit your situation.