First-Party Special Needs Trusts

FIRST-PARTY SPECIAL NEEDS TRUSTS

Our Dedicated Team is Committed to Safeguarding Your Future

Managing your finances isn’t always easy, especially when it comes to planning for a future that involves costly medical bills, nursing home care, special dietary needs, and so on. If you receive Medicaid, Supplemental Security Income, or other special funding from similar programs, you might feel comfortable with your current financial state, but it’s important to ensure you’re protected for the future.

With a special needs trust, you can plan for your future and secure long-term financial stability, all while preserving your eligibility for programs like Medicaid and SSI. Depending on your financial situation and your individual needs, these trusts can help protect your assets and your eligibility. Plus, these structured trusts can help make money management significantly easier on your caretaker(s).

Interested in learning more? Call (888) 988-5503 to discuss our first-party special needs trust options.

What You Need to Know About Special Needs Trusts

Special needs trusts are specifically designed to help individuals who are dealing with a disability caused by some type of injury. These trusts are dictated by state and federal laws, and they allow the injured person to move their settlement into the trust to help pay for future expenses while still maintaining the injured person’s eligibility for necessary programs. With a special needs trust, someone could use the allocated funds for nursing care, medical needs, dental expenses, dietary needs, and any extra therapies or rehabilitation programs.

Unlike similar financial planning tools, a special needs trust will not count against the disabled individual, which means they can still qualify for Medicaid, the State Medicaid Waiver Program, Supplemental Security Income, and other private care programs that base their eligibility requirements on Medicaid.

Trust Legacy Enhancement to Safeguard Your Assets

Interested in a special needs trust? Our team can work with you to discover the best possible financial plan for your particular needs. A special needs trust can be extremely beneficial for someone who needs to remain qualified for programs like Medicaid, but also has other assets to preserve. However, there are other ways our team can manage your finances and help preserve your future security.

Why Choose Legacy Enhancement Trust?

Expertise: Our team possesses in-depth knowledge of special needs trust administration and government benefit programs.
Personalized Service: We provide customized solutions tailored to the unique needs of each beneficiary and their family.
Transparency and Accountability: We maintain meticulous records and provide regular reports, ensuring transparency and accountability in trust management.
Compassionate Support: We understand the emotional and practical challenges faced by families with special needs and provide compassionate support throughout the process.
Local and National Experience: We have experience with local and national regulations relating to special needs trusts.

Legacy Enhancement Trust specializes in providing comprehensive trust administration and guidance, particularly in the complex area of first-party special needs trusts. We understand the challenges families face when securing financial stability for loved ones with disabilities. Our team of experienced professionals is dedicated to ensuring these trusts are managed effectively, maximizing benefits while preserving eligibility for essential government programs.

Whatever your needs, our team is here to help. Contact the professionals at Legacy Enhancement to discuss our special needs trust options.

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Professionally managed and invested trusts
Our staff is complete with knowledgeable professionals to make sure your investment is handled wisely.
Capable of handling trusts of all sizes

Your family member or client will be cared for, no matter the size of the trust.
Ability to help maintain needs-based governmental assistance
We've got the experience you need to rest easy. We know what it takes, we'll take care of the rest.
Low trust establishment costs and maintenance fees
Since we are a non-profit, our only benefit is our clients success, meaning we are cost effective and won't break your bank.