The Case for Special Needs Trusts
While medical care for individuals with special needs is frequently discussed, legal care for these individuals is often overlooked. Providing legal support is crucial for safeguarding their rights and ensuring access to necessary resources for a fulfilling life.
Whether you are raising a child with autism or caring for a parent with capacity challenges, our aim is to assist you in creating a legal support plan tailored to their current and future medical and financial needs.
Individuals with special needs often rely on caretakers, usually family members, to manage their finances. These responsibilities can range from basic necessities like food and clothing to more complex needs such as ongoing medical support and long-term care.
However, what happens if a family member is unable or unwilling to provide this support?
This question must be addressed before parents and caretakers can no longer fulfill these vital roles. For instance, if you are a parent caring for a special needs child, it is essential to have a plan in place for someone to take over if something happens to you. Unfortunately, many special needs individuals are left without financial provision in an estate, leaving them unable to advocate for themselves. This situation, while unfortunate, is preventable.
One effective tool is a Special Needs Trust. This specialized trust sets aside funds and provides instructions for the care of your special needs family member. It also helps preserve any governmental aid they may be receiving, ensuring that family money set aside for their care is not compromised.
If you have questions, we are here to help. Our trust attorney is available to discuss your options and address any concerns. Planning for your family doesn’t have to be stressful. We are here to do the heavy lifting, provide answers, and offer suggestions tailored to your specific needs.
We are also pleased to meet your special needs family member and can arrange meetings in a comfortable, familiar setting, such as your living room or a care facility.
If you’re in Texas and considering a Special Needs Trust as part of your estate planning strategy, contact the Blessing Law Group, PLLC today. Our experienced team is here to guide you through the process, ensuring that your assets and loved ones are protected. Schedule a consultation now to take the first step towards a secure financial future.
