Are you providing care for a child or loved one with special needs impacted with a physical, mental, or emotional disability? How will you ensure quality care for them when you die or are no longer able to provide their care needs? Planning for your loved ones is always important, and when you have a family member with special needs, planning becomes vitally important to safeguard their health, support, and financial security.
Properly drafted Special Needs Trusts or Supplemental Needs Trusts cover the costs for a variety of expenses, including medical, personal, transportation, maintenance, and daily living costs. Further, your instructions can be customized to dictate specific instructions, your loved one’s preferences, important care or diet instructions, and more.
Further, appropriate planning provides all this without compromising the eligibility of governmental benefits, such as Supplemental Security Income (SSI) or Medicaid.
Contact Ely J. Rosenzveig & Associates, PC to protect and design the right plan for your family.