A Special Needs Trust is essential for anyone who has a beneficiary with special needs and allows the creator of the trust to provide for such a beneficiary without risking the loss of government aid.
A Special Needs Trust may be self-settled (commonly known as an OBRA ’93 Trust) or may be a third-party Special Needs Trust (commonly established by a grandparent or parent for the benefit of the Special Needs beneficiary).
If you or a beneficiary of your estate has Special Needs, please contact me to discuss the opportunities, benefits and consequences the law and Estate Planning.
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