Setting Up a Special Needs Trust for a Disabled Relative
Tuesday, January 12, 2010 5:57Posted in category Uncategorized
Many of us have a family member or close relative with a disability. We’d like to leave a portion of our estate to help this family member but are unsure how best to do this. Should we just make an outright gift? What about a trust? Let’s take a look at some of the options.
The simplest method of assisting the family member is an outright gift, either during lifetime or via our will. However, if the disabled individual is already receiving government benefits such as SSI (
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