If you have a child with a significant developmental disability, there is a good chance you need a special needs trust. A special needs trust allows parents, grandparents, and others to give money or leave an inheritance to a person who receives SSI or Medicaid without causing them to lose those critical benefits.
Even though your child might still be young and not getting these benefits, at age 18 they will be eligible. If a child’s parents die before setting up a will and special needs trust, money will go directly to the child, causing a headache for those left behind to deal with, and possibly causing a delay or even a loss of benefits to the child.
An Austin special needs trust lawyer can help you create a trust and prepare for its use in the future, making sure your child is protected no matter what may come.
Contact us at 833-RED-BOOT (833-733-2668) or email@example.com to schedule a short phone conference to see how we can help your family.