Special needs trusts help maintain eligibility for means-tested benefits while providing structured funds for education, healthcare, housing, and recreation. By naming a trustee and outlining distributions, families reduce risk of unintended disqualification, preserve government support for a loved one, and create a lasting plan that aligns with long-term care goals.
Improved continuity of support, avoiding gaps when family members change roles or when life events occur. This steadiness matters for daily care and long-term goals.
Choosing the right law firm matters for clear communication, diligent document drafting, and thoughtful planning. Our team focuses on practical solutions, accessibility, and respect for every family’s values and goals.
Tax and government program coordination to maximize benefits while staying compliant.
A special needs trust is a legal arrangement that holds assets for a beneficiary with disabilities, while preserving eligibility for essential government benefits. It allows supplemental funds for care, education, and enrichment without disrupting benefit status and eligibility.
Anyone trusted to manage funds and follow the trust terms may serve as trustee, including family members, banks, or professional fiduciaries. Choosing the right trustee is critical for clear communication and reliable administration.
Costs include attorney fees for drafting and updates, court filing if guardianship is involved, and ongoing administration. We provide transparent estimates and discuss funding sources to fit your family budget.
Most plans can be completed in a few weeks to a few months, depending on funding and coordination. We work to keep you informed and to schedule steps promptly.
Yes, changes are sometimes needed after signing. Major life events or updates in laws may require amendments to ensure the plan stays aligned with goals and eligibility.
Funding the trust can involve current assets or future resources. We review asset types, timing, and tax implications to maximize protection and ensure smooth administration.
Medicaid look-back can affect how and when assets are transferred to a trust. We explain timing and alternatives to minimize penalties while preserving essential supports.
Guardianship considerations may intersect with trust planning. We outline options, including guardianship waivers and supported decision-making, to maintain independence and ensure consistent care.
To start with Hatcher Legal in Lowesville, schedule an initial consultation. We listen to your goals, explain options, and outline a clear path to implement an effective special needs plan.
