How to Prepare Your Child’s Special Needs Trust Before You Go
How can a special needs trust (SNT) protect you and your family?
A special needs trust (SNT) is the best way to ensure your child’s financial needs are met throughout their life. You can achieve peace of mind that your child will receive proper benefits, even when you are not around.
Establishing an SNT is an excellent way for your child to enjoy the benefits of trust assets while maintaining eligibility for needs-based government benefits. An irrevocable SNT preserves these benefits, provides asset protection, and offers administrative advantages to individuals who lack the legal capacity to handle their financial affairs.
If you have more questions about what establishing a special needs trust means for you and your family, we completely understand. That’s why we’ve created our new guide, How to Prepare Your Child’s Special Needs Trust Before You Go.
Our guide includes helpful information on:
- The roles to consider when setting up your SNT.
- The planning process for setting up this type of trust.
- The supplemental coverage considerations for disability income and life insurance.
- And more …
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