FEEL PEACE WHEN GIVING TO YOUR LOVED ONE
Medical costs are rising, government benefits are falling—and may continue to fall further. This is why developing a comprehensive plan of your own for your special needs child is more important than ever. Attorney Julia Khaled can show you a number of ways to get the financial support you need now, as well as design a plan to protect your special needs child’s financial future when you can no longer serve as primary care giver, or after you pass away.
Julia can help to protect your child’s eligibility for SSI and other government benefits, find residential options and the means to finance them, maximize the amount of public and private resources available to you and your child, and help you to address the planning needs of other members of your family.
The firm will help you accomplish these goals by working closely with you to understand your top priorities and overall family objectives, including analyzing your current financial situation to determine what benefits are available to you and the best strategies to maximize these benefits today and tomorrow. Then, Attorney Khaled will design and implement a customized plan, and review it periodically to adjust for changes in your financial, family or medical situation, together with changes to the law itself.
“When we were preparing our Estate Plan, we realized that any money or property we give to our disabled son could disqualify him from receiving disability benefits, should he need them in the future. Julia worked with us to set up a Special Needs Trust so that we can be sure that we can take care of him, without putting any future disability benefits he could receive at risk. We are so relieved to know that we can protect him even after we are gone, and that our gift to him will bring joy, not fear.”
**Any result the lawyer or law firm may have achieved on behalf of clients in other matters does not necessarily indicate similar results can be obtained for other clients.
There are a wide range of special needs trusts, intended to accomplish a variety of goals. In general, however, they are designed to maintain eligibility for means tested government assistance programs such as Medicare and Supplemental Security Income (SSI). Special needs trusts can also create a fund capable of supplementing the services and level of care not provided by Medicare and SSI.
It is important to note that there are many different public assistance programs available, each of which has its own rules for eligibility. Couple this with the fact that a special needs child’s needs change over time, as does the financial situation of the family as a whole, and you will need legal assistance to help you maneuver through these obstacles. Khaled Elder Law can help. Contact Khaled Elder Law today for an initial consultation to discuss your particular situation.