| Special Needs |
| We work with clients, their financial planners, bankers, accountants and life insurance representatives to achieve the most favorable plan for the care of the Special Needs Client and those dependent on him or her. |
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Analyze assets and income sources available to the client and spouse, including pension plans, IRA’s, 401-k’s and other deferred compensation arrangements as well as social security and other government entitlements |
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Explore available living arrangements |
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Determine individuals and financial institutions available to assist client when asset management is needed |
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Determine individuals and care-giving institutions available when living assistance is needed |
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Analyze legal options available if no planning has been done, including guardianships, conservatorships, availability of government benefits; and appointment of surrogates for medical decision making |
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Develop special needs trusts (trusts designed to augment government benefits to which the special needs client may be entitled), revocable living trusts (trusts that can be changed), irrevocable living trusts (trusts that cannot be changed), powers of attorney, advance directives for health care; and plan for management and distribution of assets after a client’s death to care for individuals who may be dependent on the special needs client, but not lose government entitlements, are also an integral part of this practice |
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Assist financial institutions in providing care for special needs clients who can no longer care for themselves |
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Assist corporate and individual fiduciaries in management and administration of trusts created for a special needs beneficiary |
