Special Needs Trusts: Protect Your Child's Financial Future

by Stephen Elias, Kevin Urbatsch

Create a special needs trust for a loved one's care with 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. Fortunately, there's a simple solution to this dilemma -- create a "special needs trust."

Special Needs Trusts shows you how to leave any amount of money to your disabled loved one -- without jeopardizing government benefits. It provides plain-English information and forms that let you create a special needs trust by modifying your will or living trust document.

Funds in a special needs trust can make a big difference in quality of life by paying

Genres: Finance, Disability

282 pages, Paperback

First published June 30, 2005

Reviews

[Emily · Rating 3 out of 5]

This book is likely helpful for the parents of children with disabilities trying to decide whether to create a special needs trust, but it certainly does not beat the tailored advice of a special-needs attorney. Also, if you are a person with a disability wanting to create your own special needs trust, this book is not for you – your situation is referenced only in footnotes that warn you not to follow the advice within.

[Greg · Rating 3 out of 5]

Very easy to understand, great samples of all the different types of paperwork necessary in the appendix. Seems to be pushing you to write your own trust (well, copy theirs) rather than consult a lawyer. I dunno, seems like I want a lawyer involved and I'm not sure the trust they have exactly fits my situation anyway.

[Jenny · Rating 4 out of 5]

Super helpful and I got some answers that I needed. But the entire subject is overwhelming in general. With that said, I'll probably reread the book soon as I felt it was clear and really accessible for my scrambled mind.

http://marcusandjenny.blogspot.com/20...

[Tam G · Rating 3 out of 5]

Some good explanations about what's available. Some good definition of terms.

It has to be broad for national (US) use. Definitely still see an attorney with special expertise in this field, but this is a good start before you go.

[Angela · Rating 4 out of 5]

discusses various options for providing tax and probate shelter in providing for special needs individuals.

[Lori Hartness · Rating 4 out of 5]

Easy to read, which makes the book accessible to a wide audience, but intolerably dumbed-down in places. On the upside, I saved literally thousands of dollars by creating the trust myself.

[Frank Chambers · Rating 4 out of 5]

I hope you do not have to read this book. But if you have a special needs child it helps. Still spend $3500 on a lawyer to get our SNT etc. set up.