Incorporating an SNT as part of your estate plan
Can a special needs trust be incorporated as part of your estate plan? If you are responsible for the care of a child or grandchild with special needs, incorporating a special needs trust (SNT) as a part of your estate plan is something you should be considering. Creating a special needs trust for children, grandchildren, or other persons with disabilities under your guardianship makes a difference in how real estate, finances, public benefits eligibility, and other tangible items are handled when you’re no longer able to care for the individual. To do this successfully, you need a team of dedicated special needs trust advisors who have the knowledge and expertise of how manage SNTs.
Parents and grandparents of family members with disabilities are understandably concerned about how their special needs family member will be taken care of when they’re no longer able to do so. Special needs estate planning solutions created by an attorney who specializes in estate planning and special needs trusts can help navigate the legal challenges, which is crucial to the successful oversights of the SNT. Ibar’s team of expert special needs trust advisors can help manage the long-term well-being of the SNT within the estate plan. Ibar has been serving in estate planning for special needs trusts in California since 1984.
If you’re looking for special needs estate planning in California, contact Ibar today to discuss special needs trusts and the importance of estate planning for children and adults with special needs.