If you have a child with special needs, you already understand the importance of preserving the care they receive. With special needs estate planning, you ensure they’re taken care of, even after you’re gone.
The Soares Law Firm structures your or their estate so they still receive money without jeopardizing their access to government benefits.
Set up the plan that’s right for your family with the special needs trust attorney at Soares Law Firm.
A first-party trust, also known as a self-settled trust, is created by a parent, grandparent, or guardian of a child with special needs. However, the trust is funded through the child’s assets.
This type of trust is used to benefit your child throughout their lifetime while keeping them eligible for government assistance like SSI and Medicaid.
We walk you and your child through the process of building trust that will keep them eligible for assistance.
Book Legacy Planning Session
If you’re looking to leave assets to your child with special needs, a third-party trust may be the solution. These trusts are created and funded by a third party, typically the parents, grandparents, or a close loved one of your child.
By making your special needs child the beneficiary of the trust, they can still receive government benefits while accessing the assets you left them.
At Soares Law Firm, we understand how important it is to provide for your child. Our third-party trusts ensure you have nothing to worry about.
Book Legacy Planning Session
Pooled trusts offer a diverse investment option for estate plans. Since they are managed by a charity, beneficiaries pool resources together to invest.
These trusts can be appealing since you gain access to professional trustees who regularly deal with benefit changes.
Book Legacy Planning Session
At Soares Law Firm, we support you in setting up a special needs trust so your child can receive government benefits and your estate.By including a special needs trust with your applications to government programs, you ensure your child has everything they need.Start planning for your child’s future by booking a legacy planning session today.
401 E Front Street
Suite 120
Tyler, Texas 75706
