Special Needs Trusts

If you have a special needs child or other special needs beneficiary of your Trust or Estate plan special consideration must be given to providing by inheritance for your loved one, to avoid, the loss of government benefits.
A Florida Special Needs Trust is often the solution to the problem.

A Florida Special Needs Trust is an Irrevocable Trust that provides for supplemental care and life-enhancing services and equipment beyond that which the government provides. Because the assets named in a Special Needs Trust are not considered countable assets, the Trust does not impair or disqualify the disabled person’s continuing eligibility and qualification for government “needs-based” benefits such as Medicaid, Supplemental Security Income (SSI), vocational rehabilitation, or subsidized housing.

Steven Friedman has drafted many Special Needs Trusts and as such he appreciates the sensitive nature and careful planning associated with Special Needs Planning. Before drafting a Special Needs Trust Mr. Friedman will assess your loved ones entitlement to public benefits currently received or to be received, as well as the steps necessary to create the Trust, draft the proper documents, and help with the transfer of assets into the Trust.

To learn more about special needs trusts, contact a Pembroke Pines estate planning attorney at the firm today.