Dallas Special Needs Trusts Lawyer

Special needs trusts are a wonderful and valuable tool for anyone looking to provide for a disabled child or an adult with permanent special needs. Palmer & Manuel can help parents of disabled children and loved ones of disabled adults to better care for those who need it most.

Can a Special Needs Trust Achieve Your Goals?

Please schedule an initial consultation to learn whether you and your loved one could benefit from creating a special needs trust. After discussing your situation, we will provide honest advice about what tools can best achieve your goals. We are happy to answer any questions you might have and are always available to address our clients' needs.

You may call our Dallas estate planning law firm at 214-242-6444 or you may contact our office online.

How Do Special Needs Trusts Work and What Are Their Benefits?

Special needs trusts (or supplemental care trusts) allow a grantor (typically a parent or other family member) to set aside assets that will be distributed for the benefit of a named beneficiary.

Rather than place the assets in direct control of a disabled individual — who might lack the capacity or ability to use them appropriately — the assets are placed under the control of a trustee. The trustee has a legal obligation to distribute trust fund assets according to the grantor's specific wishes. This means that a grantor can allot payments for food, shelter and medical care at preset times in the future.

So why is this so important? The answer is that assets in a special needs trust are not factored in when applying for government benefits such as Supplemental Security Income, Medicaid and more. The assets are deemed property of the trust, not of a person with special needs. This allows individuals with special needs to qualify for much needed government benefits while still receiving financial support from outside sources!

Sound Like a Special Needs Trust Can Help? Call Our Dallas Firm Today.

We are happy to discuss the many benefits your loved one could receive by creating a special needs trust. However, we will not stop there. Once we learn about your specific needs, we will be sure to inform you of any additional tools that could be useful in getting the results you need. This could include other types of trusts or many of the other estate planning tools with which we have experience.

We look forward to meeting you during your initial consultation. Please call our firm today at 214-242-6444 or contact our law office online.