Estate Planning for Parents of Children With Special Needs
For parents of a child with special needs, the use of a special needs trust is the most effective way to help that child. A special needs trust is developed to manage resources for the benefit of the special needs child while maintaining the child’s eligibility for public assistance benefits. While government agencies recognize special needs trusts, they have imposed some stringent rules and requirements upon the implementation and use of these trusts. It is vital that a family contemplating the use of a special needs trust consult an experienced Elder Law attorney.