Special
Needs Trusts
by Steven
Elias, J.D.
If you care
for a child or other loved one with a
disability, you've no doubt thought about what
will happen when you're no longer able to give
that care. Fortunately, there's a simple
solution to this dilemma -- create a "special
needs trust."
Special Needs
Trusts shows you how to leave any amount of
money to your disabled loved one, without
jeopardizing government benefits. It provides
plain-English information and forms that let you
create a special needs trust by modifying your
will or living trust document.
Funds in a
special needs trust can make a big difference in
quality of life by paying for:
annual
independent check-ups
personal care
attendant or escort
vehicles and
transportation
insurance
rehabilitation
essential
dietary needs
materials for
recreation
trips or
vacations
entertainment
athletic
training or competitions
and much more
Special Needs
Trusts also provides a formal letter to the
trustee, which explains this very important
role, and a personal letter to the trustee,
which provides information about your loved one.