Many attorneys create trusts, and some even create special needs trusts, often using pre-written templates. So why, you may ask, do you really need an attorney whose practice focuses on special needs planning? It is important that special needs trusts not be unnecessarily inflexible and generic, which is what can happen with a “one size [...]
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Four Reasons Why Dropping Medicaid Is Usually Not a Good Idea, Even After a Large Award or SettlementTrusttoLast2020-04-17T07:56:25-04:00
Say you or a loved one with special needs just won a multi-million dollar lawsuit award or settlement. While the case was pending Medicaid was paying the medical bills. By setting up a special needs trust, you can preserve the beneficiary's eligibility for Medicaid and other government benefits. But many newly “wealthy” clients ask what [...]