3 reasons why you need a special needs trust

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Special needs planning Attorney in Denver

3 reasons why you need a special needs trust

A special needs trust is a great option for individuals who want to financially provide for their loved ones with disabilities. Here are three reasons why establishing a special needs trust is important.

  1. It allows you to choose someone to serve as a trustee when your loved one is incapable of managing finances.
  2. It protects assets for your beneficiary without affecting their Medicaid or SSI.
  3. It doesn’t create a tax burden and protects your assets from creditors.

It’s wise to consult with an estate planning attorney to learn more about establishing a special needs trust. Contact Meurer Law Offices P.C. to schedule a free consultation with an experienced estate planning attorney.

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