If you want to leave money or property to a loved one with a disability you must plan carefully. By setting up a Special Needs Trust, you can avoid jeopardizing your loved one’s SSI and/or Medi-Cal benefits. The trustee cannot give money directly to your loved one without causing them to lose any government benefits they are to receive or are already receiving, however they can spend Special Needs Trust assets to purchase goods and services for your disabled loved one such as personal care attendants, home furnishings, out of pocket medical and dental expenses, education, recreation, physical rehabilitation and more.
The process of estate planning may seem daunting… but, it doesn’t have to be. Estate planning and setting up a special 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 setting up a special needs trust, you can Request a Consultation or call, directly, at 916-369-9750. We look forward to working with you!