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Home / Archives for Special Needs Planning

Missouri Police Create Directory for People with Autism

July 24, 2018

Special Needs Planning

special needs

For the parent of a child with special needs, navigating everyday activities can be a minefield. Even something as seemingly safe as interacting with law enforcement can turn into a dangerous nightmare for someone with mental health issues. That same interaction can also be difficult for a police officer if he/she is unaware that the person the officer has encountered has special needs. Unfortunately, we have all heard news reports illustrating how these interactions can go horribly wrong in an … [Read more...] about Missouri Police Create Directory for People with Autism

Filed Under: Special Needs Planning

Do I Need a Missouri Special Needs Trust?

April 19, 2017

Special Needs Planning

Missouri special needs trust

Like many people, you may think in terms of passing down your assets to loved ones when you think about estate planning. That may, indeed, be the primary focus of your estate plan; however, you will likely need to include additional goals and objectives within your plan as well in order to ensure that you, your assets, and your loved ones are protected and provided for both now and in the future. If you are the parent of a child with special needs, for example, you will undoubtedly want to … [Read more...] about Do I Need a Missouri Special Needs Trust?

Filed Under: Special Needs Planning

Types of Special Needs Trusts

February 23, 2017

Special Needs Planning

Types of Special Needs Trusts

A special needs trust is a specific type of trust that is intended to provide financial support to someone who has special needs or who is disabled. Because someone with a disability or who has special needs is likely also receiving assistance from state and/or federal programs such as Medicaid or Supplemental Security Insurance (SSI), great care must be taken when gifting assets to the individual or when the individual receives funds directly. The solution can often be found in the creation of … [Read more...] about Types of Special Needs Trusts

Filed Under: Special Needs Planning

Do You Need to Include Special Needs Planning in Your St. Louis Estate Plan?

December 7, 2016

Special Needs Planning

Special Needs Planning in Your St. Louis

When you think of estate planning you likely think about the need to decide who will receive your assets when you are gone. While that is certainly one goal of a comprehensive estate plan, it should not be the only goal. A well drafted estate plan should also protect your assets and help them grow throughout your lifetime. In addition, your estate plan should protect you and your loved ones while you are here and continue to protect and provide for your loved ones after you are gone. In order to … [Read more...] about Do You Need to Include Special Needs Planning in Your St. Louis Estate Plan?

Filed Under: Special Needs Planning

Students with Special Needs to Benefit from New Missouri Law

October 7, 2016

Special Needs Planning

Special needs

In the 21st century, just about anything that can be done electronically is being done electronically. Even the healthcare industry is now taking advantage of the convenience offered by internet communications and video conferencing. No need to leave your house to see a doctor anymore – just log onto the internet and schedule a video visit for routine health concerns. Parents of children with special needs in Missouri will soon be reaping the benefits of all this new technology thanks to a … [Read more...] about Students with Special Needs to Benefit from New Missouri Law

Filed Under: Special Needs Planning

Special Needs Trust in Missouri: Why You Should Create One

August 27, 2014

Estate Planning, Special Needs Planning, Trusts, Wills and Trusts Tagged With: Estate Planning, Medicaid Planning, Special Needs Planning St. Louis MO

If you have a special needs child in your family, you are already aware that caring for that child requires a considerable amount of time and caring. The reality is that it also requires a considerable amount of money. Because you love your family member, you may not wish to focus on the financial costs involved in raising a special needs child, but at some point you must address the issue because you will not always be here to oversee his or her care. A special needs trust in Missouri may be … [Read more...] about Special Needs Trust in Missouri: Why You Should Create One

Filed Under: Estate Planning, Special Needs Planning, Trusts, Wills and Trusts Tagged With: Estate Planning, Medicaid Planning, Special Needs Planning St. Louis MO

When Do I Need a Special Needs Trust?

March 2, 2014

Special Needs Planning Tagged With: special needs trust, supplemental needs trust

If you are the parent of a special needs child you undoubtedly worry about how your child will be cared for and provided for in the future. The day will come when you will no longer be here to see to your child’s daily needs or financial needs yourself. To ensure that your  special needs child continues to have your financial support without jeopardizing his or her eligibility for much needed assistance programs you may wish to consider creating a special needs trust. Fortunately, in the United … [Read more...] about When Do I Need a Special Needs Trust?

Filed Under: Special Needs Planning Tagged With: special needs trust, supplemental needs trust

Types of Special Needs Trusts

January 24, 2014

Special Needs Planning Tagged With: first-party trust, special needs trust, third party trust

If you have a special needs child, or other loved one, that you wish to protect and provide for in the future you may need to create a special needs trust. Likewise, if your special needs child has suddenly inherited assets or been awarded a personal injury settlement you should also guard those funds through the creation of a special needs trust. Though all special needs trusts operate in essentially the same way, there is more than one type of special needs trust. Understanding the types of … [Read more...] about Types of Special Needs Trusts

Filed Under: Special Needs Planning Tagged With: first-party trust, special needs trust, third party trust

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