Special Needs Planning in Naples

You need to focus on Special Needs planning if you have a loved one with a disability and you’re trying to prepare for your future. This kind of planning makes it possible for you to leave benefits for your loved one without worrying about endangering their Medicare or Social Security Disability benefits. 

A Naples Special Needs planning lawyer from our team at The Siegel Law Group, P.A., can assist with this process. We’ll walk you through each step you need to take to prepare for the future, drawing on over a century of combined experience. 

Our team has been helping South Florida families and their loved ones for over 22 years. You can count on our Naples estate planning lawyers to offer the dedicated and personalized support you deserve when handling these complicated issues.

Why Get Help from a Special Needs Planning Lawyer in Naples?

Hiring an attorney to help with Special Needs planning means you’ll have someone with experience and legal training there to support your family. Our team understands the planning process, which generally involves setting up a Special Needs trust. 

How Can a Special Needs Trust Help Your Family?

A Special Needs trust allows you to leave money for a disabled beneficiary without worrying that you’ll jeopardize their benefits. We can help you understand Special Needs trusts when you turn to us for help.

Essentially, when you set up this kind of trust, it holds funds meant to benefit your loved one. Because your loved one cannot directly access the funds, they will still maintain their eligibility to receive benefits through programs like Medicare and Supplemental Security Income (SSI). 

You should consider a Special Needs trust if you have a disabled family member and you want to prepare for their future financial needs. You can reach out to us to learn more about this kind of trust and how you can set it up. 

For a free legal consultation with a special needs planning lawyer serving Naples, call 561-955-8515

How Can a Beneficiary Use a Special Needs Trust?

The beneficiary of a Special Needs trust can use the funds in said trust in a variety of controlled ways. For example, your loved one could use these funds to pay for:

• Educational expenses and school books
• Service animals
• Clothing
• Personal care items
• Travel and vacation expenses
• Household furnishings

While receiving funds from the trust for these expenses, the beneficiary should still qualify for Medicare and SSI benefits if your attorney properly set up the trust. 

Note that you may hear people refer to these trusts as Supplemental Needs trusts. Some individuals use this term because the trusts offer a way to provide supplemental funds to individuals with disabilities while allowing them to maintain government benefits.

Naples Special Needs Planning Lawyer Near Me 561-955-8515

Why Hire Us to Handle Special Needs Planning?

Our team at The Siegel Law Group, P.A., knows what it takes to successfully set up a Special Needs trust. We have extensive experience and the legal tools necessary to protect your loved one. 

We can meet with you and members of your family, discussing your situation in depth so we can develop a personalized plan for your future. We believe in providing the dedicated guidance and assistance you deserve as you focus on protecting your loved one long into the future. 

Our team can also adjust the plans you make based on changes to your situation over time. You can reach out to us right now to learn more about the services we offer and how we can help.

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We Help You Pick the Right Kind of Special Needs Trust

Our law firm understands the options available when it comes to setting up a Special Needs trust. Depending on your family’s situation, we may recommend a:

First-Party Special Needs Trust

A disabled individual can set up a Special Needs trust using their own money. Setting up this kind of trust can help an individual with a disability protect their future finances. 

Third-Party Special Needs Trust

We may also recommend a third-party Special Needs trust. Someone else, like the family member of a disabled individual, must fund this kind of trust. 

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What Are the Benefits of Special Needs Trusts?

Special Needs trusts serve as a useful tool as you plan for the future needs of a disabled loved one. We can help you customize this trust to fit their unique needs. 

The main benefit of a Special Needs trust is that your loved one should still qualify for disability benefits while drawing money from it. 

However, the process of setting up this kind of trust and ensuring it adheres to all laws and regulations can become complex and difficult. Fortunately, our legal team is here to walk your family through each stage of the process. 

Talk to Us About Special Needs Planning in Naples

You can get help from a professional Naples Special Needs planning attorney when you turn to our team at The Siegel Law Group, P.A. We understand the challenges you can face as you try to plan for the future care of a loved one, and we want to help. 

Taking time to plan for the future can give you peace of mind. Find out more about how we can help by contacting us for assistance right now. 

Call or text 561-955-8515 or complete a Free Case Evaluation form