Best Estate Planning Attorneys in Bowie, MD

What Can Be Purchased with a Special Needs Trust? “What Can Be Purchased with a Special Needs Trust?” by Attorney Laura Curry (Audio) Creating a comprehensive estate plan should be a priority for every adult. Estate planning takes on heightened importance, however, when one of your beneficiaries is a child with special needs. If you are the parent or grandparent, for example, of a child with special needs extra care must be taken in the creation of your estate plan to ensure that your child with special needs doesn’t lose eligibility for much-needed assistance programs as a result of well-intentioned financial gifts. Establishing a special needs trust as part of an overall special needs planning component is an option many parents and grandparents in your situation choose. If you are unfamiliar with special needs planning, you may be wondering how it works and what can be purchased with a special needs trust.