Are There Different Types of Special Needs Trusts?

If you wish to gift assets to someone with special needs, care must be taken when making that gift because you could do more harm than good.  To ensure that you do not interfere with the beneficiary’s eligibility for much-needed state and federal assistance programs, you may choose to make your gift using a Special Needs Trust.  A Special Needs Trust is a specialized type of trust that is intended to provide financial support to someone who has special needs or who is disabled. The Waukegan special needs planning attorney at Hedeker Law, Ltd. explain the different types of special [Read more…]
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