Special Needs Trusts: Protect Your Child's Financial Future (Special Needs Trust: Protect Your Childs Financial Future (W/CD))

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9781413310177: Special Needs Trusts: Protect Your Child's Financial Future (Special Needs Trust: Protect Your Childs Financial Future (W/CD))

Create a special needs trust for a loved one's care with the forms and information you need for peace of mind. If you care for a child or other loved one with a disability, you've no doubt thought about what will happen when you're no longer able to give that care. Fortunately, there's a simple solution to this dilemma -- create a "special needs trust."

Special Needs Trusts shows you how to leave any amount of money to your disabled loved one -- without jeopardizing government benefits. It provides plain-English information and forms that let you create a special needs trust by modifying your will or living trust document.

Funds in a special needs trust can make a big difference in quality of life by paying for:

  • annual independent check-ups
  • personal care attendant or escort
  • vehicles and transportation
  • insurance
  • rehabilitation
  • essential dietary needs
  • materials for recreation
  • trips or vacations
  • entertainment
  • athletic training or competitions
  • and much more.

    Special Needs Trusts also provides a formal letter to the trustee, which explains this very important role, and a personal letter to the trustee, which provides information about your loved one. The 3rd edition has been thoroughly updated to reflect the latest changes in the law and provides an expanded list of resources. Plus, find the forms you need as tear-outs and on CD-ROM, including new SSI/Medicaid forms.
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    Book Description:

    Special Needs Trusts shows you how to provide for a loved one with a disability -- without jeopardizing government benefits. It gives you all of the information and forms you need to either create a special needs trust yourself or to boost your knowledge and confidence while working with a lawyer.
    With Special Needs Trusts you get a:

    • plain-English understanding of special needs trusts
    • special needs trust form, with clear instructions
    • chapter on pooled trusts
    • sample letter to the trustee
    • and more.
    Note: This book explains third-party special needs trusts -- that is, trusts you set up for someone else. You cannot make a special needs trust for yourself with this title.

    About the Author:

    Stephen R. Elias is an attorney and former associate publisher at Nolo, as well as current President of the National Bankruptcy Law Project. He is the author of many Nolo books, including recently The New Bankruptcy. Other titles include Special Needs Trusts and How to File for Chapter 7 Bankruptcy. He is also one of the original authors/designers of Nolo's bestselling WillMaker software. Steve holds a law degree from Hastings College of Law and was a practicing attorney in California, New York and Vermont before joining Nolo. He has been featured in such major media as The New York Times, The Wall Street Journal, Newsweek, Good Morning America, 20/20, Money magazine, and more.

    "About this title" may belong to another edition of this title.

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