Is A Special Needs Trust Right for Your Estate Plan?
Do you need a special needs trust? The Law Office of Amy S. Mello, LLC, can provide assistance to clients who are seeking to create and maintain special needs trusts, either alone or as part of a larger estate plan.
What Are These Trusts Used For?
By definition, a special needs trust is a trust that has been designed for beneficiaries who are physically or mentally disabled. The trust is written to allow the beneficiary to enjoy the use of a property that is held in trust for their benefit, while also allowing the beneficiary to receive any essential needs-based benefits from the state and federal government for which they are eligible.
There are many advantages of using a trust to hold and manage property that is intended for the benefit of a beneficiary, particularly if the beneficiary does not have the legal capacity to handle their own affairs. A special needs trust is also sometimes referred to as a supplemental needs trust.
Explore Your Options with a Skilled Estate Planning Attorney
If you have questions about special needs trusts or are ready to get started planning your estate, contact the Law Office of Amy S. Mello, LLC, in Mattapoisett, Massachusetts. You can reach out online or call the office at 508-276-2578.