Planning for the financial future of a loved one who receives disability? Understand that giving this person anything of value (such as in a regular will or trust) will result in a reduction of SSI and Medicaid. Avoid this cruel result by creating a special needs trust. This book explains how these trusts work, and shows you how to set one up, with or without a lawyer.
Special Needs Trusts: Protect Your Child's Financial Future 8th Edition
This book is extremely helpful in understanding just about every aspect of establishing and using a special needs trust. I highly recommend reading it before you get started. My now ex-wife and I established a SNT with the help of a lawyer several years ago at the encouragement of a local group supporting families with autism. I wish I had read this sooner as I would have done things differently. Now I'm left with doing the taxes every year and looking at high fees to a lawyer to see what can be done differently. Read this book. Five stars.