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February 2017 Archives

3 facts to know about using a special needs trust

A special needs trust makes sure your child with special needs has what he or she needs in the future in the event that you can no longer be there to provide or care for your son or daughter. The trust may also be created to give another person control over your child's property, real estate and finances. The person who takes over control of these assets is known as a trustee, and he or she is in charge of doling out and managing assets for your child until your child no longer needs that assistance. Here are three facts you need to know about setting up a special needs trust.