Special Needs Trusts and Planning

Special Needs Trusts in Austin

Families who have a family member with a disability must plan for the future very carefully. How assets are left after your death can have a tremendous impact on the quality of life for that person. In the past, a Will may have been enough, but times have changed. To protect a person with special needs, a well-defined estate plan is vital, including a special needs trust.

How A Special Needs Trust Works

A Special Needs Trust allows a parent, grandparent or guardian to provide funds for a disabled child without disrupting the child’s eligibility for government aid. Setting one up is a fairly simple process. Important points to remember while investigating the use of this estate planning tool are:

• Decide on an appropriate guardian for your child
• Determine who would be a suitable Trustee(s) to manage the Trust’s assets and supervise your child’s finances
• Outline instructions for your child’s education, housing, personal and emotional needs

Our law firm,  helps families address the financial, legal and social aspects of a person’s life to develop an effective plan for the future. Our goal is to ensure that their needs are met and that they have the opportunity to expand their horizons and follow their dreams.

Contact Us

The special needs trusts attorneys at Slaton Schauer Law Firm, PLLC look forward to helping you incorporate a special needs trust component into your overall estate plan. Contact our office today by calling 512-258-9455 or filling out our online contact form.