Special Needs Trusts

Many families with special needs children don’t think about creating a special needs trust fund for their child until the child reaches legal adulthood (usually 18 years old; 19 in Alabama). The logic behind this is that if the child doesn’t currently need government benefits like Medicaid or Supplemental Security Income (SSI), there’s no hurry…
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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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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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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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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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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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