A correctly crafted trust helps protect government benefits, provides flexibility for medical and social needs, and shields family assets from unanticipated risk. It also supports decision making during illness or disability and can incorporate provisions for education, therapy, housing, and caregiver support, all while maintaining eligibility for programs like Medicaid.
Integrated funding strategies and documented plans help prevent benefit interruptions, while enabling flexible support for education, therapy, housing, and daily living.
Our firm focuses on practical planning, clear communication, and careful implementation to protect beneficiaries and family interests.
Regular reviews help maintain alignment with family goals, caregiver changes, and program rules over time.
A special needs trust is a protective vehicle that allows a beneficiary to receive funds for daily needs, medical care, and enrichment without jeopardizing eligibility for key government programs. It is typically used when there are assets to be managed and a caregiver plan to implement. Consulting with an experienced attorney ensures proper design and compliant operation.
In most cases, a properly drafted special needs trust does not count trust assets toward Medicaid or SSI eligibility. However, distributions and the trust’s structure must be carefully aligned with program rules. An experienced attorney can tailor the trust to maintain benefits while providing flexible support.
The trustee should be someone who understands the beneficiary’s needs and can manage finances responsibly. Options include a trusted family member, a professional trustee, or a financial institution. We help you assess reliability, impartiality, and availability when selecting a successor trustee.
Costs vary based on complexity, funding approaches, and whether ongoing administration is required. Initial drafting and setup are followed by periodic reviews and possible amendments. We provide transparent estimates and a clear plan to balance value with long-term care needs.
To begin in Maryland, contact our office for an initial consultation. We will review your situation, discuss goals, and outline a tailored plan. The timeline depends on asset details, funding, and regulatory requirements, but we strive to move efficiently while ensuring compliance.
Some changes can be made through amendments or restatement, but revocation may be limited once a trust is funded. We explain the options, including possible successor arrangements, and help you determine the best course based on your goals and legal constraints.
Funding can come from cash, investments, or real property, and must be structured to avoid impacting benefits. We guide you through fiduciary requirements, tax considerations, and transfer mechanics to ensure smooth administration.
After the grantor’s death, the trust may distribute remaining assets in accordance with its terms. In many cases, assets fund final expenses, care continuation, or caregiver support, while remaining funds may be directed to eligible beneficiaries or back to the estate according to plan rules.
The planning timeline varies with complexity. A straightforward setup can take several weeks, while more intricate funding and governance arrangements may take longer. We provide a realistic schedule and keep you informed at each milestone.
Our firm combines practical planning, clear communication, and careful implementation for Maryland families. We focus on aligning family goals with legal requirements, offering attentive guidance, and helping you navigate the process with confidence and respect.
