Special Needs Trusts Protect Special Needs Parents and Kids in San Fernando Valley and Woodland Hills Ca
For children and adults who receive public benefits or Medi-Cal benefits, Special Needs Trusts serve a valuable tool in preserving assets needed to care for them in the future. If a child is eligible to receive benefits in the future, a Special Needs Trust becomes an essential part of a parent's estate plan in protecting the minor disabled or adult disabled child. This type of trust may be created as part of the parents' or grandparents' estate plan. It is available both as a revocable trust and an irrevocable trust. If you are a parent or grandparent of a special needs child or adult, you must consider this valuable tool in protecting the disabled person. Leaving assets directly to a disabled person or child may disqualify them from certain public benefits.
Create a Special Needs Trust to Supplement Needs of the Disabled
Forming a third party Special Needs Trust is just one of the techniques which provide supplemental help to a person receiving government benefits. Supplemental or Special Needs trusts enable the trustee to use trust funds to supplement and aid a disabled person, without ever disqualifying them from SSI and Medi-Cal benefits. Make an appointment with our Medi-Cal planning attorneys in San Fernando Valley to address your Medi-Cal questions.
A first party Special Needs Trust is one type of trust which is used for assets of the disabled person, and in litigation and settlement planning for a disabled person. This type of trust allows the disabled person or child to keep the settlement proceeds and the public benefits.
Caring for your special needs child or parent
Families with special needs members often struggle over many decisions involving the future of the special needs person. We are here to preserve assets and government benefits and can guide you as to your choices in caring for the disabled. Comfort and care can be provided with a Special Needs Trust for your disabled child or your parent.
Mina Sirkin is a Special Needs Trust Attorney in Woodland Hills, Ca. Ms. Sirkin is a Certified Specialist Lawyer in Estate Planning, Probate and Trust Law by the State Bar of California. Special Needs Trust Woodland Hills Ca. Our San Fernado Valley lawyers are here to assist you with your special needs trust questions. Call us at 818-340-4479. MSirkin@SirkinLaw.com.