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Planning for Those With Special Needs

Families who have a family member with a disability must plan for the future very carefully. How assets are left after your death can have a tremendous impact on the quality of life for that person. In the past, a Will may have been enough, but times have changed. To protect a person with special needs, a well-defined estate plan is vital.

How A Special Needs Trust Works

A Special Needs Trust allows a parent, grandparent or guardian to provide funds for a disabled child without disrupting the child’s eligibility for government aid. Setting one up is a fairly simple process. Important points to remember while investigating the use of this estate planning tool are:

  • Decide on an appropriate guardian for your child
  • Determine who would be a suitable Trustee(s) to manage the Trust's assets and supervise your child's finances
  • Outline instructions for your child's education, housing, personal and emotional needs

Our law firm helps families address the financial, legal and social aspects of a person’s life to develop an effective plan for the future. Our goal is to ensure that their needs are met and that they have the opportunity to expand their horizons and follow their dreams.

The Moulton Law Offices serve clients in Spokane, Tri Cities, Richland, Kennewick and Pasco Washington as well as Coeur d' Alene Idaho. Please contact the firm if you or a family member need legal assistance with Washington Estate Planning, Financial Planning, Asset Protection, Probate and Estate Administration, Medicaid, Business Succession, Charitable Planning, Wills, Special Needs Trust Planning, Estate Tax Planning, Veterans' Aid and Attendance, Elder Law and Long Term Care Planning.

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