Disability

How can estate planning help in managing financial security for individuals with disabilities?

Estate planning can be crucial for ensuring financial security for individuals with disabilities by safeguarding eligibility for government benefits while providing additional resources. This includes strategies like establishing a special needs trust, which allows for the management and protection of an individual’s assets without affecting their eligibility for benefits such as Medicare or Medicaid. Estate planning offers a tailored approach, allowing families to plan for current and future expenses, provide supplemental care, and ensure peace of mind that their loved ones’ needs are met over their lifetime.