Estate Planning for Parents of Special Needs Children

Estate Planning for Parents of Special Needs Children | Ronald A. Fatoullah

By Ronald A. Fatoullah, Esq. and Eva Schwechter, J.D.

{4:34 minutes to read} For most parents of children with special needs, government benefits like Medicaid and Supplemental Security Income (“SSI”) are an invaluable resource. These programs help to cover some of the care necessary for their child’s health and well-being. These benefits are contingent on a number of eligibility rules with which the applicant/recipient must comply. Many parents are familiar with the basic concepts of these rules, such as the need to keep the child’s assets under a specific resource limit, to refrain from giving the child money outright, and the importance of establishing a supplemental needs trust to protect their child’s assets.

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