Special Needs Planning Attorney in Chicago, Illinois

How can I ensure my loved one with special needs will continue to receive Medicaid and Social Security after my death?

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so a lot of clients who come into our

office have who have loved ones with a

disability want to make sure that that

person is protected for their whole life

financially so what they’ll do is

they’ll incorporate a provision in their

trust or in their will leaving a larger

share of their estate to that person or

leaving a certain amount of money to

that person who has a disability

what they don’t understand is that that

could put the person who they love with

a disability at risk of actually losing

eligibility for those great programs and

services that Medicaid provides what we

do is we make sure that for any clients

who have a loved one with a disability

to build in something called a Special

Needs Trust into their estate plan and

that way if our clients want to leave a

bigger share or really anything to a

loved one with a disability they can

make sure that any inheritance to that

person with a disability goes into the

Special Needs Trust rather than going to

that person with a disability outright

because those two things really make the

difference about whether someone could

be eligible for Medicaid programs or not

Chicago, IL estate planning & probate attorney SJ Chapman talks about how you can ensure your loved one with special needs will continue to receive Medicaid and Social Security after your death. She explains that many of our clients have loved ones with disabilities and want to ensure their long-term financial protection. However, leaving a larger share of their estate or a certain amount of money to that person in their will or trust could actually jeopardize their eligibility for Medicaid programs. To prevent this, we incorporate a Special Needs Trust into their estate plan. This allows our clients to leave a larger share or any inheritance to their loved one with a disability, without risking their eligibility for Medicaid. The funds are transferred into the Special Needs Trust instead of going directly to the beneficiary, which can make all the difference in whether they remain eligible for Medicaid programs or not.

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