One of the aims of estate planning is to ensure that your heirs do not need to spend an excessive amount of time in probate court. It is no secret that probate can particularly take years, and during this time your heirs will not have access to their inheritance....
Month: February 2021
What can a special needs trust do?
If you have a child or another loved one in your family with special needs, it is paramount to take their future needs into concern when you are estate planning. Particularly if your loved one receives Supplemental Security Insurance (SSI) from the Social Security...
Special needs trustees perform 4 essential duties
If you have a loved one who has a disability, you may want to use your estate plan to establish a special needs trust. This type of trust gives your relative access to funds for supplemental expenses without endangering his or her eligibility for means-tested...
Protecting your loved one with a special needs trust
Preparing for your future when you are the primary caretaker of a loved one with special needs requires extra planning. Through thoughtful strategizing and the collaboration of concerned family members, you can maintain some control over the well-being of your...