Virginia Parents of Kids with Disabilities Discover the Importance of Special Needs Planning in Virginia
Estate planning is incredibly important for all parents, as it allows you the opportunity to make some very difficult choices. It provides the chance to determine who will raise your minor children if you can’t, what money will be set aside or used for their upbringing, and even what money will be used to support them as adults. Each of these choices can become more difficult when your child has disabilities, especially if he or she is receiving some type of public benefit. This is where working with a qualified special needs planning attorney comes into play.
A special needs planning attorney is familiar with the most common choices faced by parents of children with disabilities and can offer advice and suggestions on how to plan for that child’s care. They also understand the ramifications of receiving an inheritance when it comes to eligibility for public benefits. Here in Virginia, as in other places across the country, planning tools such as a Special Needs Trusts must be set up in a very particular way in order to meet government standards and allow for the continuation of other benefits.
However, special needs planning is not just about maintaining government support. It also protects the disabled individual from lawsuits and other debts, as the trust cannot be seized in order to pay the amount that is owed. This protects the trust and the individual who relies upon it for his or her ongoing care.
A Virginia special needs planning attorney is familiar with how local, state, and federal laws interact in order for parents to put together a plan that best protects their child. It is highly recommended that you seek out a lawyer who focuses specifically on special needs planning. He or she will help set up your child’s special needs trust and explain all the details, such as who to pick to serve as trustee and how to fund the special needs trust.
If you are ready to get started with creating a plan that will make sure your child with disabilities stays protected if something happens to you, contact the Law Office of Sheri R. Abrams at (571) 328-5795 to schedule an appointment.