Setting up a Special Needs Trust is a crucial aspect of comprehensive estate planning for families with individuals requiring long-term care or support due to disabilities.

Setting up a Special Needs Trust (SNT) is a crucial aspect of comprehensive estate planning for families with individuals requiring long-term care or support due to disabilities. Unlike a standard Trust, an SNT is specifically designed to safeguard the financial future of a loved one with special needs. By establishing this Trust, one can ensure that the individual receives necessary care without jeopardizing eligibility for government assistance programs. It allows for the management of assets on behalf of the beneficiary, providing a layer of protection and continuity when caregivers may no longer be around. Working closely with your lawyer and financial advisor, creating an SNT becomes a compassionate and strategic way to enhance the quality of life for a family member with special needs while preserving their eligibility for vital services and support.

If you have questions about Special Needs Trusts or any other aspect of estate planning, give us a call at 253.858.5434 to set up an appointment today.