If you have members of your family who are disabled or incapacitated, creating a special needs trust allows you to provide for their future needs. At the Westfield, New Jersey, law office of Nicholas A. Giuditta, III, Attorney at Law, we offer clients estate planning representation, including advice and guidance on how to meet the needs of loved ones with special needs. Contact us today to learn more about your options for taking care of those who may not be able to care for themselves.
A special needs trust may be created to ensure that your mentally or physically disabled child who is or may be receiving government benefits does not lose eligibility for this vital assistance.
A special needs trust can be created in your will so that a disabled beneficiary's inheritance is managed by a trustee of your choosing. The rules governing the proper use of special needs trust funds are complex. This office can provide advise and guidance to the trustee to ensure compliance with the regulations governing special needs trust distributions.
A special needs trust can also be established to receive compensation from a settlement. This situation is common if an individual has been injured by the negligence of another and has secured a monetary settlement or judgment from that party.
To learn more about the estate planning and special needs trusts our firm offers, contact us to schedule your initial consultation today. Our staff at Nicholas A. Giuditta, III, Attorney at Law are committed to providing each and every client with compassionate and personalized representation. Call us today at (908) 232-0099.
