Supplemental Needs Trusts
Trusts are fantastically flexible tools that people of nearly all income levels can use to ensure their loved ones are well cared for long into the future. This is especially true for loved ones who might have disabilities or special needs. Whether you’re planning for a child, niece or nephew, sibling, or older adult relative with special needs, supporting these family members means navigating the complex web of public benefits these individuals are often eligible – or may become eligible – to receive. Loved ones need to thread the needle of making funds available to “supplement” the support these programs provide without accidentally making the funds recoverable by these programs or accidentally disqualifying their loved ones from these services.
Thankfully, the attorneys at Compass Law Partners can ensure all the key components of a well-drafted Supplemental Needs Trust are present so you can stop worrying about the type of care your loved one will receive in the future, and focus on being present with them now.
