One of the least discussed estate-planning issues is planning for a person
with a disability. There is often discussion of ways to decrease taxes,
probates, estates, but planning for life with a disability gets the short
end of the stick.
Planning for special needs trusts requires a skilled attorney who understands
the law beyond estate planning. If the client expects to put a relative
with a disability into a Medicaid-funded home or day-care program, he
or she should plan on an especially long wait. The attorney and client
should plan now for any life-changing event that may occur in elder age.
They should evaluate everything from the type of care expected to the
possible caregiver. There are a number of ways that a special needs trusts
can be arranged, so consult your attorney to determine how you can plan
for life in the event of a disability.