Estate Planning Attorney

Guide To Special Needs Trust Attorney

If you are a caregiver of a loved one who has special needs, it is important to know that you may be required to file an estate plan for your special needs child. This is especially true if you have already filed your regular tax returns and want to ensure that you have distributed all of your assets appropriately. I strongly suggest you to visit Oren Ross & Associates – Roswell Special Needs Trust Attorney to learn more about this. An estate planning attorney can assist you in setting up an estate plan that takes into account your special needs child’s special needs. In many cases, a special needs trust will also be required. Knowing what you need to do in this case is the first step in preparing for when you need a special needs trust; the next step is choosing a law firm that can best handle your case.

You will also need the assistance of a special needs trust attorney if the funds for your child’s Medicaid or Medicare are placed in a bank account and not properly designated for your special needs child. In many situations where Medicaid or Medicare funds are involved, the state will determine which funds should be transferred and which should be retained by the trustee fund. If these funds are improperly designated, a default judgment could be issued against you if you fail to provide the funds the trustee is entitled to. Therefore, a special needs trust attorney can help you secure the proper designation of Medicaid or Medicare funds and prevent the possibility of a default judgment by helping you prepare the appropriate documents to register such funds with the state.

If the federal government does not provide any Social Security benefits and your special needs child does not have any disabilities, then you are responsible for all of your child’s expenses, including medical expenses. Unfortunately, there are many scenarios where a parent may not be able to care for their child in any way and in that case, parents must establish an elaborate trust that will take care of the child’s living expenses. Even though most parents begin their process by selecting a trustee who they believe understands all of their needs, there are many other considerations that must be made before s/he can proceed with establishing a special needs trust. If you are concerned about the future of your child, you should immediately contact a trusted financial planner who is familiar with setting up special needs trusts and who can assist you in deciding what type of arrangement will be in your child’s best interest. Your lawyer can provide you with information regarding your rights as well as assistance in preparing the necessary forms.

How To Choose An Estate Planning Attorney

If you are like many people, you may not have a clue as to who should be handling your affairs when you die.While this is one of the most important decisions you will ever make, it can seem overwhelming and stressful when trying to make the right decision in this area without help from an expert in estate planning. If you think about it, the person who will be dealing with your death is also going to be a part of your life for the rest of your days – whether you like it or not – so it is only fair that they know what they are doing when it comes to making these important decisions. An estate planning attorney can help you get the planning you need so that your affairs will be smooth after your passing. An attorney can give you sound advice and help you create the future you want. Here are some tips you can use to get started.I strongly suggest you to visit Oren Ross & Associates, Atlanta to learn more about this.

 

One thing you should do before contacting an estate planning attorney is to have a plan in place of how you want your funeral arrangements to go. It is good to talk with your spouse and family members about this to see if there is anything that they would like to include. You can make a plan with them or find a pre-designed plan online to get you started. There are even some websites that offer templates to make things easier. If you cannot come up with a plan on your own, then it is always best to seek the input of someone who can.

When you contact an attorney, make sure you have all of your information ready. This means making a list of everything you want to cover with your plan and any documents you would like to submit. It is a good idea to collect information from everyone involved such as co-workers, family members, and even close friends who can help you make a plan to make things easier on you when you are gone. You should also gather information on the specific items you would like to include on your plan. For instance, if you want to make sure your children receive a college education, include that in your plan.

Contact Info

Oren Ross & Associates
200 Galleria Pkwy #1880, Atlanta, Georgia 30339
Phone No. : (404) 436-1752