Special Needs Trusts Lawyer in Gilbert, Arizona
Planning for the long-term financial security of a loved one with a disability requires careful consideration. A special needs trust (SNT) is one of the best ways to protect assets while ensuring continued access to government benefits like Supplemental Security Income (SSI) and Medicaid. At Robert J. Weber PC, we help families in Gilbert, Arizona, create customized special needs trusts that provide financial stability and peace of mind.
What Is a Special Needs Trust?
A special needs trust is a legal arrangement that holds assets for a person with a disability without jeopardizing their eligibility for government assistance programs. Since many public benefits have strict income and asset limits, a direct inheritance or financial gift could unintentionally disqualify your loved one from receiving essential support.
By placing funds in a properly structured trust, you ensure that these resources can be used for expenses beyond what government benefits cover, such as:
- Medical and dental care not covered by Medicaid
- Education and job training
- Personal care attendants
- Transportation
- Travel and recreation
- Assistive technology and therapy
At Robert J. Weber PC, we help families in Gilbert, Arizona, set up trusts that provide long-term financial security without putting benefits at risk.
Types of Special Needs Trusts
There are two main types of special needs trusts, and choosing the right one depends on your situation.
1. First-Party Special Needs Trust
This type of trust is funded using the disabled person’s own assets, such as an inheritance, lawsuit settlement, or personal savings. It allows them to qualify for government benefits while keeping access to these funds for supplemental expenses. However, any remaining assets in the trust must be used to reimburse Medicaid upon the beneficiary’s passing.
2. Third-Party Special Needs Trust
A third-party trust is funded by someone other than the beneficiary, typically parents or other family members. Since these funds never legally belong to the disabled individual, there are no Medicaid payback requirements. This type of trust is commonly used in estate planning to leave an inheritance without disrupting government benefits.
At Robert J. Weber PC, we help families determine which trust best meets their needs and ensure proper legal structuring for long-term protection.
Why Work With a Special Needs Trusts Lawyer?
Establishing a special needs trust requires precise legal wording and compliance with Arizona and federal laws. A mistake could disqualify your loved one from critical assistance programs, leading to unnecessary financial hardship.
Working with Robert J. Weber PC ensures that your trust:
- Complies with state and federal laws to preserve government benefit eligibility
- Clearly outlines how funds can be used to enhance the beneficiary’s quality of life
- Names a trusted trustee to oversee the management and distribution of assets
- Avoids unnecessary taxation and penalties
With extensive experience in estate planning and special needs law, our firm provides families in Gilbert, Arizona, with reliable, legally sound trust solutions.
Get Started Today
A special needs trust is an essential tool for securing your loved one’s future while protecting their benefits. At Robert J. Weber PC, we take the time to understand your unique situation and provide personalized legal guidance to ensure your family’s long-term financial stability.
To learn more or schedule a consultation, visit www.robert-j-weberpc.com today.