Special Needs Trusts: Protect Your Child's Financial Future
| Author | : | |
| Rating | : | 4.50 (946 Votes) |
| Asin | : | 1413306306 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 2013-10-20 |
| Language | : | English |
DESCRIPTION:
Other titles include Special Needs Trusts and How to File for Chapter 7 Bankruptcy. Elias is an attorney and former associate publisher at Nolo, as well as current President of the National Bankruptcy Law Project. . Stephen R. He has been featured in such major media as The New York Times, The Wall Street Journal, Newsweek, Good Morning America, 20/20, Money magazine, and more. Steve holds a law degree from Hastings College of Law and was a prac
"Perfect !" according to Rich Words. Nolo's Special Needs Trusts book is precise, concise, and very informative. Well organized, it reads fast and easilly. It's very practical too. We are using and depending on it's content. I even corrected the overseer of our trust. Perfect! Rich. Sky King said Excellent Introduction to Special Needs Trusts. Excellent introduction to special needs trusts. Excellent discussion on how to find a good attorney and why that might be difficult. Note: This book discusses creation of a Third Party Special Needs Trust. This is a trust that is set up by a parent, grandparent or other with funds that do not belong to the special needs beneficiary. A First Party Special Needs Trust is a different animal. It is used for assets that belong to the Special . Cali-mama said Need attorney within your state. I just reviewed a trust completed by a parent after reading this book. Thankfully she had the wherewithal to seek the advice of a special needs planning attorney before executing this trust. There were many, many corrections to the draft just to get it to comply with state law. This book does a good job giving parents general information about SNTS, but parents should not jeopardize their child's benefits by attempting to draft on their
"Does a good job of explaining what a special needs trust can do to protect the benefits of a person with disabilities. Even if after reading the book you feel you need a lawyer, you will have the knowledge to approach the subject." -- Support for Families of Children With Disabilities Newsletter
Fortunately, there's a simple solution to this dilemma -- create a "special needs trust". Funds in a special needs trust can make a big difference in quality of life by paying for annual independent check-ups, personal care attendant or escort, vehicles and transportation, insurance, rehabilitation, essential dietary needs, materials for recreation, trips or vacations, entertainment, athletic training or competitions and much more! Special Needs Trusts also provides a formal letter to the trustee, which explains this very important role, and a personal letter to the trustee, which provides information about your loved one. Special Needs Trusts shows you how to leave any amount of money to your disabled loved one, without jeopardizing government benefits. It includes the forms you need as tear-outs and on CD-ROM.. The forms and information you need for peace of mind If you care for a child or other loved one with a disability, you've no doubt thought about what will happen when you're no longer able to give that care. It provides plain-English i