A special needs trust can be helpful when an individual needs supplemental income, such as if they have a mental or physical disability, without limiting their ability to obtain government benefits, such as Social Security Income and Medicaid benefits. This will allow them to have both government benefits and extra income.
These types of trusts can help pay for many things, such as:
There are specific requirements for setting up a special needs trust that may vary by location. In addition, because the uses of these trusts are limited, they will often have specific instructions for the purpose of the trust and how it can be terminated.
A special needs trust lawyer can help make sure that the trust document does contain all of the proper language that will ensure it is valid and legally enforceable. A lawyer will also understand the requirements to create these trusts and the trust laws that will apply in the area.
If an individual needs to file a dispute about a special needs trust or is facing a lawsuit related to a special needs trust, an attorney can help. Your lawyer will help you file court documents, represent you in court, and ensure your interests are protected throughout the case.
The cost of hiring a special needs trust attorney will vary greatly depending on numerous factors, such as:
On average, a client can expect to pay somewhere between $1,000 and $5,000 for estate planning cases. For a trust specifically, the cost may range from $1,000 to $3,000.
It is very important for an individual to look for a special needs trust lawyer who can meet their needs and fit in their budget. Tips for what to look for in a lawyer for special needs trusts include:
Whether you are the plaintiff or the defendant in a special needs trust case, it is essential to prepare for any meetings with your lawyer before you go. It is important to gather any documentation or other evidence that you have related to your issue. This includes information about the individual that the trust will benefit.
Before you attend the consultation, you should think of any questions you want answered by the lawyer. You should then write them down so you do not miss anything important.
It is important to provide your lawyer with all of the information that you have so they can present the best possible case on your behalf. Examples of important issues you may want to cover include:
You may be thinking of searching online for, “joint will lawyers near me” or “joint will attorneys near me,” but the results you get will likely not be very informative. However, one of the most convenient ways to find a special needs trust lawyer who meets your needs is by using LegalMatch.
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