If you are the parent of someone with special needs, then you may be managing monetary, medical, and the social challenges. Our Troy, MI special needs planning lawyer can meet with you to learn more about your family’s circumstances and ensure proper care and financial support will be available to your loved one. At Gudeman & Associates, P.C., we can give you advice regarding your child’s eligibility for Medicaid, Social Security Income (SSI), and other government benefits. We can help you maximize how much private and public resources are available to you. For more information, contact our team today!
Special Needs Planning Lawyer Troy, MI
To accomplish the goals you envision for your loved one with special needs, we can work closely with you to understand your priorities. Our special needs planning attorney can assess your financial situation to figure out which benefits are useful for your particular case. We can use our legal knowledge to maximize your benefits and plan for the current and future needs for your child or relative. When someone of disability inherits assets or property, this may disqualify them from essential government programs, such as Medicaid or SSI. These assistance programs can serve an essential role, but they may not cover everything to maintain the person’s quality of life to the fullest. Reach out to our Troy special needs planning lawyer now for further guidance.
A special needs trust can distribute wealth to the disabled loved one without impacting their eligibility for existing or future benefits. As the assets are held within a trust, they are not considered part of their assets when undergoing a means test for government benefits. There are two main types of special needs trusts, including self-settled (funded from the disabled person’s property) and third-party (funded by another, usually a family member). A trust may fund care and services that improve the person’s quality of life. Generally, these trusts can supplement the care or services that are not offered by means tested programs. As our special needs planning attorney explains, supplemental services could be related to education, travel, entertainment, physical therapy, medical care, wheelchair-accessible van, personal caregivers, and more.
Why Experience Matters For Special Needs Planning
While the concept of a special needs trust may seem simple, the design and implementation is not. You can depend on our special needs planning attorney for help for the following reasons:
- We have been using our knowledge and experience of law to help clients for more than 50 years. It is our goal to help you feel confident about your family’s security and wellbeing.
- We have an A+ rating with the Better Business Bureau.
- We offer no-obligation consultations so you can learn more about how we can help before we begin.
At Gudeman & Associates, P.C., we know that some families may need help with special needs planning so all of their family members are taken care of. You can rely on us to provide compassionate advice that protects the wellbeing of your special needs child or other relative. Please do not hesitate to contact our Troy special needs planning lawyer today for more information!
