Many families with loved ones who have special needs face a complex challenge: how to protect their loved one’s inheritance, ensure ongoing effective asset management, and provide financial support while also preserving essential government benefits.
A Special Needs or Supplemental Needs Trust ("SNT"), when properly structured and administered, offers a solution to this dilemma by allowing families to enhance the quality of life for their loved one with special needs while protecting their inheritance and without jeopardizing their eligibility for crucial government assistance programs. Supplemental Needs Trust planning is a sophisticated and essential tool for families with loved ones who have special needs. When properly implemented, these trusts can provide critical support, protect assets, and significantly improve the quality of life for individuals with special needs.
However, successful implementation requires careful consideration of various factors and coordination with experienced professionals.
To learn more about how Supplemental Needs Trusts work in practice and how they may apply to your family’s situation, we invite you watch this presentation and reach out to our office at 610-933-8069 to set up a consultation.
