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Special Needs Planning for the Disabled

Special Needs Planning for the Disabled

Goff & Goff Attorneys, P.C. has experience serving families with a special needs loved one. Because of the complex rules that need to be met in order to take advangtage of public benefits, providing for a loved one with special needs can be challenging. Most families are unaware of the options available to them. For instance, one common planning technique for children is to name them as a beneficiary of an inheritance. If a child with special needs recieves an inheritance like savings accounts, investments, retirement plan benefits, an insurance policy or annuity they will likely have a reduction or elimination of public benefits. In an attempt to avoid making a financial mistake, some parents make the difficult decision to disinherit their special needs children.

Working with Goff & Goff Attorneys, P.C. can solve this problem. Our firm has experience working with parents and grandparents to create a Special Needs Trust. A Special Needs Trust is a Trust created by our firm that allows a parent or grandparent to transfer assets into the trust for the benefit of the special needs loved one. As long as specific provisions are drafted into the document, the assets transferred into the Special Needs Trust can be used to provide for the needs of your loved one while allowing them to maintain their governmental benefits, including Supplemental Security Income (SSI), Social Security and Medicaid.

Contact Goff & Goff Attorneys, P.C. to learn the best way to provide for and protect your loved ones with special needs.

Contact Us

318.255.1760

info@GoffandGoffattorneys.com

Physical Address
612 North Vienna Street
Ruston, Louisana 71270

Mailing Address
PO Box 2050
Ruston, Lousisana 71273

Copyright 2018 Goff & Goff Attorneys P.C. | Disclaimer and Required Disclosures | A Website Design by Ahrens Technologies

Copyright 2018 Goff & Goff Attorneys P.C. | Disclaimer and Required Disclosures | A Website Design by Ahrens Technologies