Hands of caregivers and the elderly

Special Needs Trusts vs. ABLE Accounts

When planning for the future of a loved one with disabilities, ensuring financial security without jeopardizing eligibility for essential government benefits is of the utmost importance. Two key tools to consider are Special Needs Trusts (SNTs) and ABLE accounts. While both serve to protect and manage funds for individuals with disabilities, their structures, benefits, and…

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Providing for a Special Needs Child in Your Estate

Every parent worries about what will happen to their children after they die. This is particularly true for parents of special needs children, for whom there is unfortunately not always assurance of financial security. The good news is that parents of special needs children have an estate planning option at their disposal to provide some…

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Estate Planning: Leaving Assets to a ‘Troubled’ Heir

A Minnesota Estate Planning Attorney Discusses Complex Estate Planning Techniques If you have a child who is addicted to drugs or alcohol, or who is financially irresponsible, you already know the heartbreak associated with trying to help that child make healthy decisions.  Perhaps your other adult children are living independent lives, but this child still…

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