Woodland Hills Special Needs Trusts Lawyer
The Law Offices of Alice A. Salvo: Protecting Your Family’s Future
When it comes to protecting your family, there isn’t much you wouldn’t do, especially those family members with disabilities who need extra attention and care. Plan for today and also when you’re gone, and make sure that your family will still be protected and cared for. In situations like this, it can be beneficial to set up a special needs trust.
A Special Needs Trust (SNT) sometimes referred to as a supplemental needs trust is intended for a person with disabilities. The purpose of the trust is to ensure that trust assets are not used in calculating the disabled person’s eligibility for government program assistance such as Medi-Cal and Supplemental Security Income (SSI). Without having a California special needs trust, the trust assets will either disqualify the person from benefits, or be paid to the source of the public benefits. A trust ensures that the individual gets better care and supplemental therapies, opportunities for recreation and independence when possible, while protecting his or her assets.
Supplement Needs Trust Benefits
A supplemental needs trust will preserve trust assets for the special needs of a disabled beneficiary and allow the beneficiary to keep all public assistance benefits. In addition the special needs trust (SNT) can offer the beneficiary things like a specially equipped van, additional medical or dental care, a motorized wheelchair, entertainment, recreation or vacations which are not provided for in the government benefits (SSI and Medi-Cal).
The California supplemental needs trust will protect the benefits of individuals who are disabled. This includes many disabilities including deaf, blind, Autistic, Downs Syndrome, Intellectual disability (ID), also known as general learning disability, and mental retardation.
A supplemental needs trust will grant you the piece of mind of knowing that your disabled family member is secure. Alice A. Salvo is a special needs trust attorney skilled with the laws regarding state based care and payment, meaning your family member won’t have to worry about losing state coverage. The California special need trust is in place to catch what the state won’t, leaving you worry free.
Experienced California Special Needs Trust Attorneys
When it comes to following the letter and the rule for special needs trusts, we are the firm for excellent guidance. Our California special needs trust attorneys are reputable and knowledgeable. We’re very well versed with Medi-Cal and can set up a trust in such a way that you’ll never have to worry about losing state-offered coverage. Having set up a special needs trust, California based differently-abled citizens can enjoy a more comfortable, higher quality of life.
Understanding all of the little tidbits to health insurance and medical care can be confusing to say the least. Without knowing all of the ins and outs, you could potentially miss something that can cost you dearly. Having our special needs trust lawyer at your side will keep you from missing that potentially devastating fine print. As you’d go to the ends of the earth for your family, having a consultation with a friendly lawyer can be a walk in the park, making life easier for you and your family.
Achieve Peace of Mind for the Future
Helping a disabled family member can sometimes be a trying issue, as not many understand what it is you have to go through. While you do so willingly, it can be a difficult process to deal with medical insurance companies, medical expenses, and a small mountain of red tape. Alice A. Salvo is a special needs trust attorney that knows what you’re going through and has experience with cases similar to yours. Just that understanding alone can mean a lot in your struggle to keep your family comfortable and safe.
Contact a Los Angeles California Special Needs Trust Attorney Today!
A special needs trust is irrevocable and has a tax identification number. The trustee submits annual tax returns and taxes are paid out of the special need trust.
Careful planning and legal advice is important to guide the trustee and to prevent inadvertent disqualification from public benefits.
If you have any concerns and would like further assistance, please call us for a free consultation at 818-676-9572.