Thanks to incredible advances in medicine and technology, children with many types of developmental disabilities can expect to live a long, full life. But this improved life expectancy comes with a new set of questions, concerns, and considerations for parents. Alabama Family Trust knows several ways to provide for your disabled adult child and make sure…
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Common Special Needs Trust Mistakes
Setting up a special needs trust is important, whether it’s for a child, a disabled adult, or an elderly parent. But how do you know if you’ve done it right? Many people worry that a mistake in their trust fund won’t be discovered until after their death, at which point the trust becomes “live” for…
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Estate Planning Tips for Baby Boomers
Estate planning can seem daunting, but with assistance from Alabama Family Trust, the process becomes more manageable. If you are a Baby Boomer who is ready to investigate estate planning in Alabama, there are two main questions to ask yourself: What happens to your estate when you die? What happens to your estate if your…
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What Attorneys Need to Know About Special Needs Trusts
Special needs trusts exist to make care easier and more manageable for those with special needs, whether they’re children or elderly persons. Attorneys play an active and important role in helping those with special needs, and can assist in ensuring that their clients receive all of the benefits and financial assistance to which they are…
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How are Special Needs Trust Used for the Elderly?
Our elderly loved ones often need care and compassion in their golden years. Sometimes, caring for our loved ones can be financially stressful – and in some cases, impossible – without the right funds and support. In Alabama and some other states, Special Needs Trusts exist to help the elderly in a way that not…
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Who Needs a Special Needs Trust?
A special needs trust is a trust formed for a disabled individual that allows the individual to shelter his or her financial assets while still being eligible for government benefits such as Supplement Security Income (SSI) and/or Medicaid. The trust enables the individual to use government benefits to provide for basic needs of life while…
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Holidays, Nursing Homes, and Medicaid
December is here; for many, it is a time of excitement, family time, holiday parties, good food and presents. Sadly, for many seniors, it is often a time of depression, illness and transition to a nursing home during the winter months. Families realizing that their loved one must enter a nursing home learn that a…
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