Special Needs Trusts
Special Needs TrustsWhite Plains Mt Kisco Special Needs Trusts
Supplemental or Special Needs Trusts (SNTs) are trusts used for disabled persons that ensure the access to extra funds (such as an inheritance or a lawsuit award) without being disqualified from governmental benefits. There are various types of SNTs including a First-Party Special Needs Trust, Third-Party Special Needs Trust and a Pooled Special Needs Trust. There are also number of factors to keep in mind when considering an SNT such as, eligibility, covered expenses and disbursement of funds when a disabled person dies. In particular, these issues are critical to understand when planning for a disabled child.
The experienced attorneys at Shamberg Marwell Hollis Andreycak & Laidlaw, P.C., understand the complexities involved in SNTs and we pride ourselves on our ability to tailor our assistance to meet the varied needs of our clients. Over the years, we have guided our clients through the multi-faceted issues involved in establishing SNTs and have developed solutions that have not only given them peace of mind, but also the best possible outcome for their loved ones.
We welcome your questions and are pleased to offer a free consultation to discuss your situation and options when exploring SNTs.