Learn why your family member must have their special needs addressed in an estate plan! It really isn’t an option you want to overlook!
As advocates for those with special needs, we understand the total dedication and unconditional love of those involved in the lives of family members with special needs. Even so, without effective estate planning for their truly “special needs”, legally disabled or deceased parents may run the considerable risk of having their child become a “ward of the court.” A probate court can choose whomever it wants—including an institution such as a bank—to oversee the child’s financial and personal care. It is entirely possible that the guardian or conservator appointed by the court will be a complete stranger to both the parent and child.
Even worse, failing to plan can jeopardize the Special Needs Child’s eligibility for public and private assistance programs.
Attend this workshop to learn:
- Why many loved ones with special needs lose their eligibility for government assistance after receiving a well-intended inheritance
- Why it is not necessary to disinherit your loved one with special needs just to preserve eligibility for government assistance
- Why it is not always the best idea to rely on the siblings or other relatives of a loved one with special needs to provide for the care of your loved one after you are gone
- What a Special Needs Trust is and how it works
- If you need a Stand-Alone Special Needs Trust
- What is In-Kind Support and Maintenance and why should I be concerned about it?
- Why it may not be the best idea for a friend or relative to serve as the trustee of a Special Needs Trust
This workshop will be held at: The Law Offices of Roy W. Litherland, 3425 S. Bascom Avenue, Suite 240, Campbell. This workshop is limited to 20 people and reservations are required.