Pooled Trusts: An Approach to Special Needs Planning for Families of Modest Means

by Michele P. Fuller, Kevin P. Urbatsch

Estate planning to protect assets for the benefit of children, a spouse or partner, or other family members is important. For those with loved ones who have special needs, this planning is even more vital, as improper planning could leave the individual vulnerable to predators or impact eligibility for means-tested public benefits such as SSI or Medicaid. Understanding what planning options are available and soliciting the advice of an experienced special needs attorney are essential steps in the process of creating a good plan. However, this type of planning can be a real challenge for a family of modest means. Read More