SPECIAL NEEDS PLANNING

Simply put, the Special Needs Trust - which is established by placing funds and other assets under the control of a trustee - is a legal document which is designed solely for the financial protection of an individual with a disability. It is the only legal way for a beneficiary (the individual with a disability) to receive the benefit of unlimited extra income without sacrificing valuable state and federal benefits. It is of the utmost importance that the Special Needs Trust be written correctly. A trust which has been established without regard for the eligibility laws may disqualify a person with disabilities from government benefits, specifically from Supplemental Security Income (SSI) and Medicaid. (Note: In most states, Medicaid is automatic when a person with special needs qualifies for SSI.)... M&L Special Needs Planning is dedicated to creating simplicity with the complex journey of special needs. It is our vision to be the known resource and go-to company for special needs..

Also known as: Special Needs Trust, Special Needs Trusts