Did you know that nearly one in ten families has a loved one with a disability? If that person depends on government assistance in the form of Supplemental Security Income (SSI) or Medi-Cal, their benefits may be in jeopardy if they receive an inheritance other than in a qualified special needs trust. Special needs trusts are also used after a litigation recovery or settlement when the plaintiff has a disability.
A special needs trust can provide continued access to vital benefits, ensure that the family member has resources that go beyond what the government can provide, and protect the funds you leave from all kinds of external threats, including lawsuits, divorces, creditors, bankruptcies, and unscrupulous parties. A well-drafted special needs trust can provide the structure necessary for a person with special needs to thrive.
At Crider Law, our Sacramento special needs lawyers are dedicated to providing comprehensive estate planning services for families who have a loved one with special needs. You should know that this area of the law is extremely complex. It is critical to work with an attorney with experience in special needs planning and the proper design and implementation of special needs trusts. The consequences of improper planning can be financially devastating. Contact us today to discuss your particular situation.