Special Needs Trusts Archives - LA Law Center, PC

ARE YOUR AFFAIRS IN ORDER BEFORE YOU HIT HOLIDAY TRAVEL SCHEDULES?

Our office gets very busy just before and through the winter holiday! It may be warm and sunny in LA, but WINTER IS COMING! This means there is a lot of auto and airplanes trips planned. We love the fun of holiday planning, but want to make sure you have some very important documents in place in case of a tragic accident or health problem. LA LAW CENTER stays open through holidays because we get many adult kids come in Los Angeles to see

Getting Court Ordered Settlement? Need Special Needs Trust to keep Medi-CAL?

The public benefits qualification are specific and if you need to keep your benefits and are expecting a settlement or even an inheritance.... you need to talk to a Special Needs Planning Attorney! Are you Disabled and are expecting a Court Ordered Settlement or Family Inheritance? If you do not want to lose your Medi-cal benefits...you need a Special Needs Trust set up to protect Your Public Benefits! There are new laws allow you to set up a

Tips For Planning for Special Needs Children

At LA Law Center, in Burbank California we see many disabled persons that come to us after parents die and find that the estate will go directly to them. This means they may lose their Public Benefits that they disperately need. It is important to know what can be done to give assets to a special needs person and not disrupt their Public Benefits. We are passionate about helping families get their affairs in order (estate planning) as well

Planning for Disability and the Need for Long Term Care… Do Not Wait!

No one likes to think about the possibility of their own disability or the disability of a loved one. Disability planning is one area where we can give each and every person and family we work with great comfort in knowing that, if the day comes for themselves or a loved one, they will be prepared. Also ensuring that a disabled person can get the care needed without depleting their life savings. Many families will have a loved one facing at

New Special Needs Trusts Allow Persons under 65 to Keep Public Benefits!!!

Good news! If you are UNDER 65 years old and expecting an inheritance or court ordered settlement, you can have access to these funds and allows you to keep your public benefits (Medi-CAL or SSI). There is a new federal statute that amended the rules regarding special needs trusts and now allows mentally competent individuals to establish their own “payback” special needs trusts with their own assets. This is called a California

Is Special Needs Planning Something You Need To Understand? Part Two

Many times parents tell the siblings on a special needs child that from their own inheritances, they must provide money to their sibling with child with special needs. This is not a solution that will protect a child with special needs after the death of the parents! There must be formal planning and assets set aside for the special needs child. Remember…your other children may have their own family expenses and financial issues. This