Vincent J. Russo Law & Associates, P.C.

Long Island’s Signature Elder Law, Special Needs and Estate Planning Law Firm

Memorandum of Intent

2010 Memorandum of Intent
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Planning For Your Child with Special Needs

pdf Planning For Your Child with Special Needs

Special Needs

About Special Needs

How Does a Special Needs Attorney Help?

Whether your loved one with special needs is an adult or a child born with special needs, we can help your family. Our mission is to work as an advocate for your loved one throughout his or her life: from on-going decision making, applying for Supplemental Security Income and Medicaid, to setting up trusts, and even acting as trustee for your child's assets after your death, if you so desire.

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It may sound like a no brainer but I can not tell you how many times clients have not updated their beneficiary designations. This can create a serious problem for the child with special needs. These assets pass outside of a Will or Trust that you may have set up.

Supplemental Needs Trusts

The first step in any estate plan is to have Will and/or Trust which provide for the proper disposition of your assets upon your demise. For parents who have a child with special needs, it is highly recommended that their estate plan provide for a Supplemental Needs Trust (SNT). This Trust will be managed and administered by a Trustee for the benefit of your child with special needs while maximizing government benefits.

Published in Special Needs Articles