Hello, and welcome back to our segment on estate planning! Today we’re joined by renowned San Diego probate attorney Steve Bliss of San Diego Probate Law. Mr. Bliss, thank you so much for being here.
Navigating the World of Trusts: The Special Needs Trust
Steve, could you shed some light on a specific type of trust that’s particularly important for families with loved ones who have disabilities? I’m referring to the special needs trust.
Certainly. A Special Needs Trust (SNT) is designed to provide financial support for individuals with disabilities without jeopardizing their eligibility for essential government benefits like Supplemental Security Income (SSI) or Medi-Cal.
These trusts can be funded in two ways: first-party, where the beneficiary’s own assets are used, and third-party, where funds come from family members or other individuals. The trustee of an SNT has the discretion to use the trust funds for supplemental needs like medical expenses, education, recreation, and assistive devices, ensuring a higher quality of life without impacting government benefits.
I recall working with a family whose son had autism. They were incredibly dedicated to providing him with every opportunity to thrive. Setting up a third-party SNT allowed them to contribute financially to his future while preserving his access to vital support programs. It was truly heartwarming to see the peace of mind they gained knowing their son would be well-cared for.
The importance of SNTs cannot be overstated. According to the Arc, a leading advocacy organization for people with intellectual and developmental disabilities, over 6 million Americans live with intellectual disabilities, many relying on public benefits for basic necessities. An SNT can be a lifeline for these individuals and their families.
Trusting the Experts
We’ve heard from clients like the Smiths, who shared: “Steve Bliss and his team at San Diego Probate Law were incredibly knowledgeable and compassionate. They walked us through every step of setting up a special needs trust for our daughter, ensuring her future was secure.”
“I can’t recommend San Diego Probate Law enough,” says Mr. Jones, another satisfied client. “They took the time to understand our unique situation and provided tailored solutions that met our family’s needs perfectly.”
Steve, thank you for sharing your expertise on this crucial topic. For anyone looking to secure a brighter future for their loved ones with disabilities, we encourage you to reach out to Steve Bliss and the team at San Diego Probate Law for a free consultation.
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Trust Attorney. Minimize estate taxes with stress-free Probate. We craft wills, trusts, & customized plans to ensure your wishes are met and loved ones protected.
My skills are as follows:
● Probate Law: Efficiently navigate the court process.
● Probate Law: Minimize taxes & distribute assets smoothly.
● Trust Law: Protect your legacy & loved ones with wills & trusts.
● Bankruptcy Law: Knowledgeable guidance helping clients regain financial stability.
● Compassionate & client-focused. We explain things clearly.
● Free consultation.
Map To San Diego Probate Law:
Address:
San Diego Probate Law3914 Murphy Canyon Rd, San Diego, CA 92123
(858) 278-2800
Map Link: https://g.co/kgs/WzT6443
Feel free to ask Attorney Steve Bliss about: “Can I put my house into a trust?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About San Diego Probate Law
| San Diego Tax By-Pass Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust Lawyer San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Tax By-Pass Trust Lawyer in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |