Special Needs Planning Attorney in New York, New York

What’s a special needs trust in New York?

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so a special needs trust in new york is

designed to preserve the beneficiaries

benefits that they are receiving from

the state and the federal government

there is what’s called a first party

special needs trust

where the person who is receiving

benefits from the state or federal

government

or community is creating the trust for

themselves and there’s also what’s

called a third party special needs trust

where let’s say

their mother father niece nephew or

whoever is setting up a trust for their

benefit

either during life or after their death

to make sure that whatever they leave

them does not hurt

them receiving benefits from whomever

the agency is that they’re receiving

benefits from

so we handle both we create the trust

themselves we deal with the litigation

process of actually getting trustees put

in place through the surrogate court

process and the probate process

both for the person on benefits and for

the third party depending on what the

needs are

NY estates planning & probate attorney Russel Morgan, Esq. explains how a special needs trust works in New York.

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