Do you have a loved one with special needs? Are you worried about not being able to continue caring for them? Are you concerned about the financial pressures of meeting their needs? Are you considering a guardianship?
We understand that people who have children or relatives with special needs face many challenges and questions such as how to:
- Leave property or money to them without losing public benefits;
- Ensure that the funds are well-managed;
- Provide them with proper social, emotional, and mental care;
- Prevent overburdening other children or relatives with caring for them;
- Ensure there is enough money to meet their needs and your own.
Certain legal tools, like a special needs trust, can provide solutions for many of these problems. A special needs trust can provide a disabled person lifelong financial security while preserving their eligibility for public benefits such as Medicaid, SSI, and public housing.
Sometimes, guardianship might be necessary. A guardianship is a legal relationship where one adult is given decision-making authority over another adult. Guardianship can be of the person and/or of the person’s property. Generally, this process begins when an individual becomes incapacitated or disabled and unable to manage his or her affairs. It’s a complicated and court supervised process, and each jurisdiction has various laws governing the process, and the guardian’s responsibilities throughout the relationship.
At Stefans Law Group PC, our team of attorneys, social workers, and geriatric care managers understand your concerns, the legal nuances, and can explain your options for providing a secure and safe future for your loved one. We are here to support and advise you compassionately throughout the process.