Are there alternatives to a Special Needs Trust? My Mother inherited some money and wants to help out her family.
Norwalk, OH
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Posted about 1 month ago in Trusts
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Are there alternatives to a Special Needs Trust? My Mother inherited some money and wants to help out her family. With a Special Needs Trust her money seems it would be locked up pretty tight.
Answers (1)Elizabeth Smith Schmitz
This attorney is licensed in Ohio.
Posted about 1 month ago.
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A special needs trust is usually used when a family member is currently receiving governmental benefits or may need benefits in the future.
There are other types of trusts but a special needs trust may be necessary in this situation to assist the family members your mother wants to benefit. |