Downs Law Firm, P.C.
If you have a child or grandchild with disabilities, one of your biggest worries is what will happen when you are no longer around to provide aid.
Trusts give parents of special-needs children additional options for extending care and financial assistance. However, you might need some expert help.
It is critical that parents and grandparents give careful thought to any gift of money or bequest in an estate plan, when the recipient has special needs.
Anyone with a child with special needs understands the need to prepare for the future. A trust is always a good place to start, and figuring out a savings goal for that trust is a key part to your planning.
New rules let some individuals put away more money in these plans, while still preserving their benefits.
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