Planning for the Future: Special Needs Trusts In California
September 5, 2024
If you have a loved one with special needs, ensuring their care and financial security after you pass away is likely a top priority. A special needs trust can provide peace of mind by setting aside funds to support your family member who may not be able to fully support themselves. At Daryl Reese Law Group, we can assist California residents with estate planning, including setting up special needs trusts.
A special needs trust is a legal arrangement that allows you to set aside assets for the benefit of a loved one with special needs without jeopardizing their eligibility for government benefits such as Medicaid or Supplemental Security Income (SSI). By creating a special needs trust, you can ensure that your loved one receives the care and support they need while also preserving their access to essential government programs.
Creating a special needs trust requires careful planning and consideration of your loved one's unique circumstances. At Daryl Reese Law Group, our experienced attorneys can help you navigate the complex legal requirements involved in establishing a special needs trust in California. We will work closely with you to create a customized plan that meets your family member's specific needs and protects their financial future.
In addition to creating the trust itself, our team can also assist with selecting a trustee to manage the funds and make distributions on behalf of your loved one. Choosing the right trustee is crucial to ensure that your family member's best interests are always prioritized. Our attorneys have extensive experience in selecting trustees who are trustworthy, reliable, and capable of fulfilling their fiduciary duties.
Planning for the future can bring peace of mind knowing that your loved one with special needs will be cared for even after you're no longer able to provide support. By working with an experienced special needs trusts attorney in California like Daryl Reese Law Group, you can create a comprehensive estate plan that includes provisions for your family member's ongoing care and financial security. Contact us today to learn more about how we can help you protect your loved one's future through a special needs trust.
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