Supplemental Needs TrustsHyannis Special Needs Trust LawyersParent's of disabled children or the husband or wife of an ailing spouse can create a special needs trust for the future care of their loved one while helping them qualify for Medicare and Medicaid. Evaluating the financial situation of its clients, Haddleton & Associates consults tax professionals, financial experts, and life care planners in creating special needs trust for the sick and elderly. Our attorneys work with individual family members and designated trustees in the preparation of a trust's taxes and annual report, indemnification of the trustee, and the establishment of a plan for the transfer of trusteeship. We explain the steps you need to take in creating a special needs trust that won't disqualify your child or loved one from receiving Medicare and Medicaid benefits later. Get the facts and the information you need to ensure your child or spouse is taken care of after you're gone. Contact special needs trust lawyers at the Haddleton & Associates today. Providing for Your Loved One's Future Health Care NeedsThe estate planning attorneys at Haddleton & Associates create special needs trusts for people suffering from the following medical conditions:
I'm Worried about My Spouse - What are My Options?If your husband or wife is sick and will likely need to be placed in a long-term health care facility, creating a supplemental needs, irrevocable, or testamentary trust is an effective means for securing funds for their care. Assets you transfer and place in a supplemental need trust are excluded from income requirements governing Medicaid eligibility. In addition to helping your spouse avoid certain kinds of taxes, a supplement needs trust ensures he or she can continue to enjoy a certain standard of living while being cared for. Disabled Children and Special Needs TrustsParents of disabled children of affluent parents face a number of difficulties when planning for their child's health care needs. Most insurance companies are unlikely to insure severely disabled children while Medicare and Medicaid both involve income requirements affluent families do not meet. Creating a special needs trust allows parents to transfer assets, or set aside funds for their child's future health care needs, while ensuring their son or daughter qualifies for Medicare and Medicaid as well. Planning for Tomorrow TodayOur attorneys have the experience and knowledge of Medicare and Medicaid needed to ensure your trust is established on a firm, solid legal - and financial - foundation. For more information regarding special needs trusts and the options available to you, contact supplemental needs trust attorneys at the Haddleton & Associates today. The law firm of Haddleton & Associates, P.C. in Hyannis, Mass., offers legal representation and advice to individuals and businesses throughout Massachusetts and Florida, including Cape Cod, Martha’s Vineyard, Nantucket, Yarmouth, Chatham, Orleans, Harwich, Osterville, Falmouth, Plymouth, the south shore of Boston, and Barnstable, Dukes, and Nantucket counties. Haddleton & Associates, P.C. |
