Do you have a loved one with special needs? If so, you need to create a concrete legal plan detailing who will provide for them after their current primary caregiver is no longer able to. People with intellectual and developmental delays and disabilities or other special needs generally need greater support and care than most typical individuals. They likely require some degree of lifelong assistance that must continue after you’re unable to continue providing care. Prepare now for the day when you can no longer provide for your child, sibling, or other relatives with special needs in Columbia, MD, and rest easy knowing they’ll always receive the level of care they need and deserve. Our Columbia special needs planning attorney, Verena Meiser, Esq., is here to help with all your planning needs.
Strategic Special Needs Planning
No one likes to think about what life will be like for their loved ones after they’ve become ill, incapacitated, or have passed, but it’s important to have a plan in place should something happen to you. This is critical for everyone with a family, but even more so when you have a loved one with special needs. Even if you can provide money and other assets, doing so could potentially disqualify them from benefit eligibility under Supplemental Security Income or Medicaid. Meet with our special needs planning attorney Verena Meiser to go over public monetary benefits, minimizing taxation liability, and the best way to bequeath assets. We will develop a unique plan of action for you and your relative to ensure continued qualification for public benefits. The aim is to ensure that this person in your life is eligible for public assistance and, if possible, provided with a financial safety net from loving relatives.
The overarching goal of establishing a special needs trust is to fund the individual’s needs beyond shelter, food, clothing, and medical services. However, these funds aren’t given directly to the person with special needs. Rather, the funds are given to the designated third parties who provide the beneficiary with goods and services.
Why Special Needs Trusts are so Important
Meet with Verena Meiser to discuss your planning goals and determine whether a special needs trust is necessary. This trust can be used for a wide range of expenditures that improve their quality of life without compromising their eligibility for public assistance. The money put in a special needs trust can be used for things such as transportation costs, regular medical check-ups, vacations, entertainment, and supplemental education. Some individuals need the assistance of an escort when venturing out into public. Some have specific dietary needs. Others are largely independent. All their unique qualities and needs should be considered when putting together a trust.
Special Needs Planning for Columbia Residents of All Ages
Verena Meiser is the Columbia special needs planning attorney you’ve been looking for. If you have a loved one with special needs, meet with Verena to create a support structure that best provides for them when you’re unable to continue doing so. Special needs planning with a focus on the details sets the foundation for caregiving, inheritance management, and advocacy on behalf of your family member.
Though some schools and agencies provide families of people with special needs with helpful information regarding transitioning to adulthood, available services, and other relevant knowledge, it’s of critical importance that you have legally binding plans in place. Verena will work with you to develop a plan that ensures a lasting high quality of life for your beloved family member. This proactive planning also ensures the prudent management of their finances in the years and decades to come. Call (410) 489-1996 to learn more and start putting together a plan that you and your family need and deserve.
