Estate Planning Tip of the Day: Children with Special Needs

Were you aware that an inheritance can cost your child their disability benefits? Without an estate plan, a child with special needs may be disqualified from receiving benefits, forcing the use of his or her inheritance to pay for care. With an estate plan in place, you can set up a Special Needs Trust that will allow the child to remain eligible for government benefits while using the trust assets to provide more support for your child.