Family Needs Trust

When applying for Medi-Cal, it is sometimes helpful to have any “excess assets” placed into a Family Needs Trust, which is an irrevocable trust. By doing this, and it does have to be done in a legal and specific manner for this to work, the family need not lose the monies they have saved during their lives to take care of them as they age. This is a type of Special Needs Trust and allows the Medi-Cal recipient to be the beneficiary of the assets, while not allowing the assets to be taken by the state for recovery, nor have the assets counted as available assets for the application process.

The use of this type of trust must be done under the rules of the state and the Rules of the Department of Healthcare Services or it will not be beneficial to the Medi-Cal recipient.

The process of estate planning may seem daunting… but, it doesn’t have to be. Estate planning and the creation of a Family Needs Trust is a proactive way to ensure that you, your family, and your estate are taken care of the way you want them to be. Our expert team of attorneys at Beyer, Pongratz, and Rosen are here to help you through the process. To learn more about Estate Planning or the creation of a Family Needs Trust, you can Request a Consultation or call, directly, at 916-369-9750. We look forward to working with you!

Get Social

Newsletter Sign-Up

    More Services

    Stay in Touch

    • Sacramento
      3230 Ramos Circle
      Sacramento, CA 95827
    • Lincoln
      433 F Street
      Lincoln, CA 95648
    • 916-369-9750

    Hours

    Mon: 8am – 5pm
    Tue: 8am – 5pm
    Wed: 8am – 5pm
    Thu: 8am – 5pm
    Fri: 8am – 5pm
    Sat: Closed
    Sun: Closed

    We Look Forward to Hearing from You