Our special needs attorneys at O'Flaherty Law help create custom special needs plans in Illinois. Schedule a free consultation with us today!
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In this article, our Illinois special needs attorneys discuss how Special Needs Trusts are used in planning for the care of individuals with special needs.
Typically, if someone has a disability in Illinois, they are entitled to Supplemental Security Income if they have less than $2,000 in assets and earn under the maximum amount as described by SSI guidelines. With our help, you can create a Special Needs Trust to ensure that your loved one with a disability can gain assets and income without reduction of benefits.
Read the full article by our Illinois special needs attorneys on the special needs planning process in Illinois.
Special Needs Trusts can be used for most types of payments except for groceries, shelter, utilities and mortgage payments, because these are the types of expenses that SSI is intended to cover. In this article, our Illinois special needs attorneys discuss how to add a home to a Special Needs Trust and why you shouldn't count it as an asset when calculating Supplemental Security Income. We also explain the types of items that Special Needs Trust are allowed to pay for as well as what is not allowed under the rules.