Special Needs Planning Attorney in Austin, Texas
What do I need to know about special needs planning for my child?
What do I need to know about special needs planning for my child?
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one of the worst uh scenarios i ever
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come across
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is when somebody passes away and they
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have a will that says i leave
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everything to my children and it turns
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out one of their kids has special needs
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and they are on benefits like ssi
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disability
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or medicaid which is worth thousands of
00:23
dollars a month to them in care
00:25
and i have to tell them unfortunately if
00:28
you didn’t have a special needs trust or
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a plan in place
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you’re gonna be removed from those
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benefits you’re gonna have to spend
00:35
every dime that you’re inheriting before
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you’re gonna be able to get back on them
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if you come to me before somebody passes
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away
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we can put a plan together to make sure
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that the inheritance goes
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for the child who has special needs and
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is unable to work
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and it’s there to support them for their
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benefit without
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complicating or getting in the way and
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removing them from their benefits
01:00
like ssi or medicaid so it’s really an
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asset protection planning structure to
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make sure that
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the wealth and the assets go for the
01:08
benefit of your children
01:10
instead of just reimbursing the
01:12
government for the benefits that they’re receiving
Austin, TX estates planning & probate attorney Kyle Robbins explains what you need to know about special needs planning for your child.
