Best Landlord & Tenant Attorneys in Warwick, RI

As a parent or caregiver of a loved one with special needs, it can be overwhelming to consider their financial future. What will happen when you are no longer able to care for them? A special needs trust can help ensure that their needs are met for the rest of their life. However, setting up a special needs trust can be a complex legal process. That's where a special needs trust attorney can help. 1. What is a Special Needs Trust? A special needs trust is a legal arrangement that allows a person with special needs to receive an inheritance, legal settlement, or other financial assets without jeopardizing their eligibility for government benefits. The trust is managed by a trustee who is responsible for disbursing the funds for the benefit of the person with special needs. A special needs trust can be used to pay for things not covered by government benefits, such as a personal caregiver, medical expenses, or recreational activities. 2. Why Do You Need a Special Needs Trust Attorney? A special needs trust attorney specializes in creating and managing special needs trusts. They can help ensure that the trust is legally sound and meets the specific needs of the person with special needs. A special needs trust attorney can also work with you to choose the right trustee and create a plan for the future.