Special Needs Planning with a Legal Expert

Estate planning is important. Whatever your situation, however large the estate is, or how many people you leave behind, having something in place helps everyone, legally and emotionally. It is especially important for parents if their children are minors or if they have a dependent with special needs. With the help of a special needs lawyer in Ocean County or where you are, you can ensure money is there for their upbringing, and that there is something in place if they need that support still as adults. If you have a special needs child that is receiving disability it is even more important to get legal help to ensure your passing does not negatively impact the help they get.

Working with a qualified special needs lawyer

An attorney who has focused on special needs planning can offer a lot more support and more accurate advice than one who has not. A special needs lawyer in Toms River and elsewhere is up to date with new rules and laws. They have experience with the choices parents are faced with when they have children with disabilities and can offer the best guidance on what would be best in their situation.

This includes understanding how an inheritance will impact being eligible for assistance, and what can be put into place to work around that. There are specific planning tools and trusts that can be set up, but that need to happen in a certain way in order to meet the government's expectations so that those benefits are not lost, or so that when applying for help, they are less likely to be refused.

Special needs planning protects your children

With the help of a special needs lawyer in Ocean County you can best protect your child. It is not just that they are more likely to be able to get the government help they need, it is there to help them in other situations as you will not be around. Things like protecting them from getting into debt and from being sued as certain trusts are not able to be seized. They are there only for their care and needs. The attorney will know federal, state and local laws and how they might impact you and your children, and then help you as parents put something together that protects them.

Conclusion

If you have one or more children who are dependent on you and have special needs, the best thing you can do to protect their future is see a special needs lawyer in Toms River or where you are. They can help with setting up a special needs trust, as well as manage assets and come up with options that best suit your family. They can help you go through who will manage the trust as well. You can always go to see them for an initial consult to get a better idea of what this kind of estate planning entails. You can feel more confident about what will happen when you die.

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Created on Apr 3rd 2024 03:11. Viewed 33 times.

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