Special Needs Planning Attorney in New York, New York

How are legal guardianships used for special needs children in New York?

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special needs children who receive
something
through a
will or a trust that did not have a
guardian either named in the document
that created it
will need to have what’s called an
article 17a guardianship proceeding
brought
so that either their parents family
members or an independent third party
can be appointed and manage that
bequest if it’s done let’s say direct
let’s say
the kid was named as a beneficiary on a
life insurance policy this would be done
as
guardian
who sets up an account after appointed
if let’s say hypothetically this was
done through a will
then the guardian would petition the
court to be appointed on behalf of the
child after being appointed as their
guardian of property through a
article 17a guardianship proceeding

NY estates planning & probate attorney Russel Morgan, Esq. explains how legal guardianships are used for special needs children in New York. He explains that when special needs children receive an inheritance through a will or trust that does not name a guardian, an Article 17-A guardianship proceeding must be initiated. This allows either parents, other family members, or an independent third party to be appointed to manage the inheritance. For example, if the child is named as a beneficiary on a life insurance policy, the appointed guardian would establish an account to manage those funds. If the inheritance comes through a will, the guardian would petition the court to be formally appointed as the child’s guardian of property under the Article 17-A process.

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