How to establish health, educational and financial plans and services.
Most individuals with special needs, and the families who care for them, will want to know about these core concepts in managing ongoing care and financial well-being.
A capable special needs attorney will be able to give you expert guidance, but these following pages are designed to give you a basic understanding of them.
Life Care Planning
Life care plans are a blueprint for caring for an individual with special needs from early childhood, through their schooling and into their adult lives. An attorney who focuses on this area of law can help you understand the options at various life stages and prepare for these transitions.
Special Needs Trusts
A special needs trust is designed to enable an administrator to hold assets in trust for an individual with special needs. These assets are not counted when the individual is looking to qualify for certain programs such as Medicaid. There are a lot of rules and restrictions on these trusts.