When creating an estate plan, your Orange County estate planning lawyer may recommend that you set up a trust called a “special needs trust.” This type of trust is designed to protect trust assets while benefiting a disabled loved one. Your disabled beneficiary likely has unique needs that should be considered carefully as part of the estate planning process. Fortunately, a properly drafted special needs trust can help ensure that your loved one is protected and taken care of long after your passing.

What are some of the benefits of using a special needs trust in California? The following are five highlights:

  1. A special needs trust can help protect your loved one’s right to receive social security, Medicaid, subsidized housing, and many other government benefits.
  2. A special needs trust can be set up to receive funds from an inheritance or proceeds from a settlement on behalf of your loved one. By doing so, the funds will go directly into the trust and not to the individual.
  3. A special needs trust can protect the assets from the creditors of your loved one.
  4. The trustee of the trust can still use the trust assets to support your loved one.
  5. The trust can be specifically tailored to accomplish your goals and address the unique needs of your loved one.

To learn more about special needs trusts, contact the experienced and knowledgeable Orange County estate planning attorneys at the Law Office of James F. Roberts & Associates, APC. Call our office today at (714) 459-5481 for a consultation.

James F. Roberts
Founder and owner of the Law Office of James F. Roberts and Associates, a premiere estate planning law firm
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