Third-Party Special Needs Trusts

Lisle Special Needs Trusts Lawyer

The future can bring unexpected twists and turns; effective estate planning allows you to ensure that your interests are protected regardless of what happens. If you are the parent of a disabled adult child, you must also take steps to prepare for that child's future.

At the law firm of Carol A. Nolan, Attorney at Law, Ms. Nolan creates third-party special needs trusts to provide funds to disabled individuals while protecting eligibility for benefits. Contact the firm today to schedule a confidential consultation with an experienced lawyer.

Special Needs Trusts Can Protect Disabled Children and Adults

As the parent of a child with disabilities, you undoubtedly want to protect your child's future. Estate planning documents allow you to leave assets to your child in the form of an inheritance, but this must be handled carefully to avoid reducing your child's eligibility for governmental benefits.

Third-party special needs trusts allow you to leave assets to your child without sacrificing benefit eligibility. These trusts come with some restrictions: the trust assets may not be used to pay for things that government benefits will cover, such as residence in a group home, but they can be used for a wide range of other expenses and luxuries.

Extensive Experience Handling All Aspects of Disability Planning

As a lawyer practicing exclusively in the areas of elder law and estate planning, Ms. Nolan is able to effectively handle disability planning matters. She has extensive experience preparing special needs trusts to protect disabled individuals.

These trusts are closely tied to the requirements related to Medicaid benefits - every day, Ms. Nolan works with government agencies and caseworkers overseeing Medicaid benefits.

This experience allows Ms. Nolan to stay on top of the rules and regulations controlling government benefits; she is therefore able to draft special needs trusts in accordance with these strict requirements.

Contact Ms. Nolan Today

To protect the future for a disabled individual, come to the law firm of Carol A. Nolan, Attorney at Law. Call 630-668-6600 or contact us online to schedule a confidential consultation with an experienced Illinois estate planning attorney.