The Arizona special needs lawyers at JacksonWhite are highly qualified to handle estate planning issues for families with a child who has special needs. Over the years, the Arizona special needs lawyers at JacksonWhite have handled thousands of ALTCS eligibility cases, and they have a proficient understanding of the rules that individuals with special needs must satisfy in order to qualify and remain eligible for the benefit. And, unfortunately, families that fail to adhere to these strict eligibility rules can cause serious complications for their family member with special needs.
The biggest estate planning issue that families with a child who has special needs run into involves the resource limit that the child must satisfy to remain eligible for public benefits, such as ALTCS. Without exception, individuals who have more than the resource threshold are disqualified from the benefits upon which they rely. This means that families who leave a well-intentioned inheritance to a special needs child can unintentionally disqualify their child from very important assistance. The Arizona special needs lawyers at JacksonWhite, however, can help families overcome this issue.
The Arizona special needs lawyers at JacksonWhite can suggest a variety of estate planning tools for families with a child who has special needs. Perhaps most importantly here is the special needs trust, which, if drafted and funded properly, allows families to leave their child an inheritance without disqualifying that child from public benefits. Money in a special needs trust is ultimately not counted for purposes of determining eligibility for public benefits. This means that families who establish such a trust can accomplish the twin goals of providing supplemental funds for their child, and maintaining that child’s eligibility for public benefits.
If you have a family member who has special needs and you are looking into estate planning, the Arizona special needs lawyers at JacksonWhite can help you create a plan by which you can protect your child’s interests. You can speak with the Arizona special needs lawyers at JacksonWhite by calling (480) 818-6912, or by filling out a consultation form.