Posts Tagged ‘Special Needs Trust’
How to Plan For A Child With Special Needs
Estate planning is an important consideration for all parents, but it is especially important for parents of special needs children. It is important for parents of special needs children to have a solid estate plan in place to ensure that their child’s needs are met and their assets are managed appropriately. Here are 4 considerations…
Read MoreHow to Utilize Special Needs Trusts in California
In general, a trust is created when property or assets are managed by a person or firm for another person’s benefit. The person or entity who manages the trust is known as the “trustee” and is responsible for making decisions in the best interest of the person who benefits from the trust, known as the…
Read MoreThe Worst Way to “Help” A Child with Special Needs
There’s a lot of bad information on the internet that directs parents of children with special needs to completely disinherit their child in order to maintain his or her eligibility for government benefits such as Medi-Cal, Supplemental Security Income (SSI), and housing assistance. While such a blunt move would accomplish the goal of preserving government…
Read MoreParents of Kids with Disabilities Discover the Importance of Special Needs Planning in Orange County
Estate planning is incredibly important for all parents, as it allows them the opportunity to make very difficult choices. It provides the chance to determine who will raise your minor children if you can’t, what money will be set aside or used for their upbringing, and even what money will be used to support them…
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