BENEFITS FOR THE ONES YOU LOVE
WE’RE HERE TO HELP
Do You Have a Child
or a Loved One with
a Disability?
Many people with disabilities needs live long lives and outlive their parents. You already know that planning ahead is critical.
Getting your loved one qualified for public benefits, such as SSI (Supplemental Security Income) and Medicaid can be onerous. However, securing and maintaining these benefits can be critical to a family’s financial viability. SSI and Medicaid may be worth hundreds of thousands to millions of dollars over the lifetime of the person with a disability family member, especially if they have expensive medical issues.
Because SSI and Medicaid have income and asset limits, the recipient cannot directly receive money from an inheritance or a settlement or they will lose their benefits. Sometimes well-meaning parents who know this, leave their disabled children out of their Wills. Instead, they leave their assets to their other children in hopes they will take care of the child with special needs. This unfortunate scenario can lead to strained relationships and money mismanagement.
The Law Offices of Carol Bertsch, PC can help maintain public benefits by preparing a Supplemental Needs Trust. This way, you can leave money to a trust for the benefit of your loved one, which allows them to keep their benefits and still reap the advantages of additional money.
