Texas Special Needs Planning Lawyer
Planning for a special needs individual is an endeavor that is fraught with opportunities and challenges. And while no two beneficiaries of an estate are ever the same, it is especially important to be mindful of the unique circumstances of the special needs beneficiary. The size of your estate is an important consideration, certainly, but it is not the only one. Pay attention to the framework of support that will developed over time and thought given to how that support will be provided in terms of financial and human resources. The special needs attorney will be able to assist you in navigating the benefits landscape – which may include Medicaid, Medicare, food stamps and Social Security – and will be able to direct you to other resources in the caregiving community, such as care managers, therapists and other service providers.
Special Needs Trusts (SNTs) are trusts created for the elderly who need nursing home Medicaid benefits or for individuals with disabilities. These trusts are designed to make assets available for the maintenance of the beneficiary by complementing rather than replacing government benefits. A properly drafted SNT can stretch available dollars to increase the quality of life of the beneficiary. These documents should be prepared someone who is familiar with the beneficiary’s needs as well as the various programs that might be accessed to maximize benefits and safeguards.
Good planning can help maximize benefits and provide an important safety net for vulnerable persons. If you have not already started the conversation about special needs planning, consider doing so now. And if a special needs attorney is part of that conversation, give us a call.
To discuss your special needs planning concerns with an experienced and knowledgeable lawyer, contact us or call our office in Dripping Springs at 512-894-0319. If you retain us to handle your probate matters, any fees charged for the initial consultation may be applied to work for which we are retained. We accept Visa, MasterCard, and Discover.