If you are the parent of a child with special needs, you are well aware of the many financial, medical and social issues involved. Meeting your loved one’s needs can involve finding financial assistance now and ensuring care and financial assistance will be available when you are gone. At Mannor Law Group, we can:
- Alleviate your concerns about protecting your child’s eligibility for Social Security Income (SSI), Medicaid and other government benefits
- Maximize the amount of public and private resources available to you
- Help you address the planning needs of other family members
To accomplish these and other goals, we will work closely with you to understand your goals and priorities. We will also analyze your financial situation so that we can determine what benefits are available based upon your particular case. In addition, we will use all the legal tools and strategies at our disposal to maximize your benefits today and plan for the care of your special needs child in the future.
Special Needs Trusts
There are many different types of special needs trusts. In general, they are used to maintain eligibility for means tested government assistance programs such as SSI and Medicaid while at the same time creating a fund to supplement the services and/or care not provided by means tested programs. Supplemental services can include things like travel, education, entertainment, access to a wheelchair-accessible van, special dental and medical care—in short, services and care that can dramatically improve the quality of life for your loved one with special needs.
The concept behind special needs trusts may be simple, but their proper design and implementation is not. The many different Medicaid and other public assistance programs have varying rules for eligibility. In addition, care requirements for your special needs loved one will change over time. So, too, will your financial situation.
We have extensive experience in this complicated area of the law. For a well-designed special needs trust and effective overall special needs plan, contact us at your earliest convenience. With a comprehensive plan in place, you will enjoy the peace of mind that comes from knowing your special needs loved one will be well cared for today and for the rest of his or her life.