OUR SPECIAL NEEDS TRUST SERVICES
Legacy Enhancement offers quality, personalized help for individuals and families who need to establish and maintain special needs trusts and other assets. Our passion is for helping others, and we are committed to providing the level of service that results in an improved quality of life for persons with disabilities and special needs individuals.
The right special needs trust should preserve assets and provide for a stable future. Whether it is a pooled first-party special needs trust or a pooled third-party special needs trust, you can count on Legacy Enhancement to deliver. Legacy also offers minor’s trusts that have been approved in courts nationwide. We use the latest technology and intelligent, proven strategies to protect our clients’ assets and interests.
Who is Eligible for a Special Needs Trust?
A special needs trust, also known as a supplemental needs trust, is designed to benefit individuals with disabilities or special needs. The eligibility for a special needs trust typically depends on the jurisdiction's laws and regulations. However, there are some general guidelines that can help determine eligibility.
- Individuals with disabilities: Special needs trusts are usually created for individuals who have physical or mental disabilities. This can include developmental disabilities, cognitive impairments, chronic illnesses, mental illnesses, and other conditions that substantially limit a person's abilities.
- Age considerations: There may be age-related criteria for establishing a special needs trust. For example, some jurisdictions may require the individual to be under the age of 65 at the time of trust creation.
- Legal capacity: The individual for whom the trust is being established must have the legal capacity to enter into a trust arrangement. In some cases, if the individual lacks the capacity to manage their own affairs, a parent, guardian, or court-appointed representative may establish the trust on their behalf.
It's important to discuss your specific circumstances with the Legacy Enhancement team. We can provide guidance tailored tailored to your situation and ensure compliance within your jurisdiction.
Are you looking to establish a special needs trust? Contact us at (888) 988-5503 to schedule an appointment with a member of our team.
THE LEGACY ENHANCEMENT DIFFERENCE
If you are a person with a disability or care for someone with special needs there are many issues that can present frustrations and risks. Dealing with an inheritance, proceeds due from a structured settlement, or funds entitled to a loved one from a divorce can all present complications that need to be properly addressed by a knowledgeable professional. With our experience in this field, we can provide in-depth guidance based on your needs and goals.
Taking short-term objectives and long-term goals into perspective, Legacy Enhancement provides the complete range of services you need. We know there are many options available to you and navigating these can be challenging. We offer the professional trust management you can expect at a large financial institution with the personal support that allows you to focus on what’s important.
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Professionally managed and invested trustsOur staff is complete with knowledgeable professionals to make sure your investment is handled wisely.
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Capable of handling trusts of all sizes
Your family member or client will be cared for, no matter the size of the trust.
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Ability to help maintain needs-based governmental assistanceWe've got the experience you need to rest easy. We know what it takes, we'll take care of the rest.
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Low trust establishment costs and maintenance feesSince we are a non-profit, our only benefit is our clients success, meaning we are cost effective and won't break your bank.