A special needs trust is only as good as making sure the beneficiary designations on accounts and policies do not thwart its purpose and existence. Let us say you are a parent with a child with special needs and you went through the trouble of creating a special needs trust. If you fail to review your beneficiary designations for errors, you can easily and mistakenly thwart the special needs trust’s purpose. Click here to call a special needs trust lawyer in Los Angeles at our law firm.
The purpose of a special needs trust or a supplemental needs trust is to maintain your beneficiary’s rights to government benefits, while you provide supplemental help or assistance via the special trust. So, if you inadvertently designate your exceptional child as a direct beneficiary of an account or policy, the odds are that you will in error disqualify your child from government benefits in the future. Click here to call a special needs trust attorney at our law office.
Special needs trusts require reviews regarding the extent of the disability of the beneficiary and regarding financial maintenance of the special child. Call our trust attorney regarding the special need of your child and your specific circumstances. Extraordinary needs of your child govern the trust measures that have to be made in order so that there is always someone to protect your primary goal.
How to fix this special needs trust problem?
This problem is easily fixed with an annual review of your accounts and your beneficiary designations. Things change rapidly when one becomes ill and if you review these designations annually, there is little room for mistakes regarding beneficiary designations and special needs trusts.
We are here to help. Call to speak with our Special Needs Trust beneficiary designations attorney, Mina Sirkin and protect your special needs child or with Evan Sirkin, Special Needs Trust Lawyer who provides excellent counsel to special needs families. Call Special Needs Trust lawyer at 818.340.4479.