Having an estate plan in place is an excellent way to help make sure your loved ones are provided for and protected. Although many people believe that having a will is enough, in order to have a comprehensive estate plan, you will need to address several key areas. Here are five ways to improve your California Estate Plan:
For someone with a disability, having a special needs trust can be the difference between having what they need to be comfortable and just getting by. One of the most important features of this resource is that it can be used to pay for the trust beneficiary's qualifying expenses without endangering his or her public benefit eligibility. However, trust payments need to be made carefully. Otherwise, they could be considered income to the beneficiary. Many beneficiaries want to know: Can a Special Needs Trust Pay for Food and Shelter?