(Margaret and her husband are the proud parents of two sons – “Tater”, who is a young adult with Autism, and “Spud”, who is a student at UA-Fayetteville.)
Some benefits programs for individuals with disabilities also look at the individual’s assets and income to determine eligibility. SSI and Medicaid are two of the most common programs that people like Tater rely on.
Those programs are what allow him to live in his own place with the support he needs. If we don’t plan properly, Tater could lose those benefits by inheriting directly from us.
The most common plan for families like mine includes a Special Needs Trust. This type of trust allows us to leave money to enhance Tater’s life without jeopardizing those benefits programs. The best plan for your family will depend on a lot of factors. It is my job to identify your options and the pluses and minuses of each, and help you choose the best one for you.
The first step is to call or email me to schedule a consultation by phone or videoconference. There is no charge at all for the consultation. From there, you decide what’s best for your family. Call me at 501-295-5248 or email me at mwardlawoffice@gmail.com.
Image by Arek Socha from Pixabay
