In other words, family members who are not named to inherit anything in the will may still see the list of all of the assets. If you don’t want that result, you can avoid it by establishing a trust.
Adults with disabilities are living much longer than in the past, which means their aging parents must plan for the day when their dependent children outlive them.
The most common question faced by special needs parents and caregivers is, ‘What will happen to them, if I am not here?’
Special needs lawyers can work with clients to set up individualized special needs trusts.
While receiving a bequest from a friend or relative should represent a financial blessing, an inheritance can come with strings attached.
A special needs trust allows the beneficiary–your family member–to receive government benefits, while still receiving funds from the trust.
What is an ABLE account and who is eligible?
