Special Needs Trusts: Planning for the Disabled and Elderly in New Hampshire
This one-day seminar is designed for attorneys, accountants, financial and estate planners, insurance professionals, paralegals and trust officers.
A family with a loved one who is disabled faces many difficult decisions. The family often wants to take care of the disabled person financially but is faced with the possibility that the disabled family member may lose his or her public benefits. In some cases, a family member may receive assets through a personal injury lawsuit or inheritance and the receipt of funds would threaten his or her eligibility for public benefits. This seminar will discuss how special needs trusts can be used to solve these dilemmas and will present an in-depth discussion of the major issues surrounding the creation and administration of special needs trusts. You will receive the information you need to advise your clients on when a special needs trust is appropriate, what type of special needs trust should be used and how to avoid common pitfalls when drafting a special needs trust.
In One Day, You’ll Learn To:
- Recognize circumstances where a special needs trust may be used
- Navigate the requirements for Medicaid and Supplemental Security Income eligibility
- Establish when to use the different types of special needs trusts
- Build flexibility into trusts during the drafting process
- Fund and monitor special needs trust
LAW FIRMS WORLDWIDE