A special needs trust holds title to property for the benefit of a child or adult who has a disability. The special needs trust can be used to provide for the needs of a disabled person and supplement benefits received from governmental assistance programs. A trust can hold cash, real property, personal property, and can be the beneficiary of life insurance policies and retirement plan accounts.
If you are caring for a disabled family member, a special needs trust may be an effective estate planning tool. The attorneys at Pregenzer, Baysinger, Wideman & Sale have the experience and sensitivity you need to craft vital and essential legal documents which can help secure the future for your loved ones and give you peace of mind.
Contact us today to learn more about creating a special needs trust for your loved one.