What is a Special Needs Trust?
When doing your estate planning, consider discussing with your Palm Springs disability attorney the benefits of having a special needs trust. This kind of trust allows loved ones to provide for family members with a disability, but ensures that they will still continue to receive government healthcare benefits such as Medicaid or Medicare and financial support such as SSI. The total sum of money that you allot to them is kept in a special fund, which distributes a set monthly amount to them that is within the government guidelines of what they are allowed to receive and still keep their benefits.
Raising a child with special needs is rewarding and challenging. Figuring out what to do after you are gone is not a challenge your child needs to handle alone. Plan ahead with a Palm Springs special needs lawyer and relieve your child of that future burden. (more…)
The federal Social Security Act provides for a disability benefit to be paid to disabled individuals who meet certain criteria. This program involves monthly payments to assist disabled people and their families who may have suffered a loss of income resulting from a disability. Health insurance coverage may also be available. (more…)