Special Needs Trusts

Caring for a loved one with a disability requires more than just financial support. How will those assets be managed (and by whom)? How can you be sure they are used appropriately for his or her long-term care? Will tax liabilities become an issue? How can this financial support influence your loved one's right to other crucial care benefits?

A special needs trust offers durable, portable and flexible options for determining long-term responsibilities and care for vulnerable individuals.

An Attorney Can Protect Your Loved One's Eligibility For Benefits

One of the biggest concerns about caring for a child or adult with special needs involves preserving his or her Supplemental Security Income (SSI) eligibility and Medicaid eligibility. Such benefits are easily jeopardized when the beneficiary receives inheritance income directly and has access to those funds to spend as he or she wishes.

Trusts give control of finances over to a trustee, who when determines how trust funds are spent for the beneficiary. This money is typically used to pay for long-term care needs such as help from a personal attendant, health care and education, rather than for daily living expenses. Daily living needs justify collection of benefits.

In more than 30 years of experience, I have seen the ways these issues can be emotionally challenging for all parties involved. My office, Jeffrey P. White and Associates, P.C., aims to reduce uncertainty and obstacles so people can make informed decisions that reflect the full scope of issues that arise in caring for a special needs individual.

Learn more about the ways a wills and trusts lawyer can address your concerns and what the process involves by scheduling a free initial consultation at my office in Auburn, Maine. I am available online or by telephone at 207-536-6224 to make an appointment.