This overview will provide you with a better understanding of what type of trust may best fit your planning goals as you choose, and work with, your eldercare attorney.
The Top 7 Reasons to Establish a Special Needs Trust
Special needs trusts (SNTs) can play an important role in helping families plan for children with special needs. Here are some of the most compelling reasons to speak with your attorney about establishing an SNT.
Make Sure Your Estate Plan Doesn't Put Your Child at Risk
Parents are often very familiar with the government benefits their child receives, but many don't think about the effect that their own estate plan can have on those benefits.
While you are eligible to apply for Medicare when you are 65, there are circumstances where you might not want to, particularly if you are working full time for a larger employer or contributing to a health savings account.
Giving your house to your children can have tax consequences, but there are ways to accomplish it tax-free. The best method to use will depend on your individual circumstances and needs.