Special Needs Planning
Special needs planning is a specialized area of the law that focuses on protecting public benefits for people with special needs, while at the same time facilitating a higher quality of life. A special needs plan can provide a framework for proper medical care and management of assets, as well as protect assets from creditors and predators. One of the key components of any special needs plan is a Special Needs Trust. A Special Needs Trust gives the beneficiary indirect access to a fund that can provide for his or her supplemental needs. This can dramatically improve the beneficiary’s quality of life, by providing for: Housing, Food, Clothing, Household Furnishings, Utilities, Educational Expenses, Insurance, Musical Instruments, Medications, and Travel Expenses.