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Kevin's firm handled setting up my will and trust recently. They took something that seemed intimidating and made it easy to understand. I've also referred a couple clients to Kevin - he's trustworthy, approachable and very fairly priced.
"I've used Kevin and his firm's services since 2011. He gave undivided attention to my cases, advised me on different options and..."
"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"
Choosing the right law firm can change everything. At O’Flaherty Law, we pride ourselves on transparency, responsiveness, and personalized care. See how we compare to the industry standard.
When it's about securing your child's future, especially one with special needs, the right law firm makes all the difference. You require a team that not only understands the intricacies of government benefits but also how these benefits impact your child's life. Our approach centers on you, ensuring that every plan is tailored to enhance your child’s future while safeguarding their eligibility for vital government benefits.
Financial planning plays a pivotal role in the life of a child with special needs. It's essential to craft a plan that doesn't jeopardize your child's eligibility for government benefits. Third-party special needs trusts are often a cornerstone of such planning, allowing for financial support without affecting benefit eligibility. These trusts are designed to provide for your child's additional needs, enhancing their quality of life while maintaining access to necessary government services.
Beyond immediate legal and financial concerns, planning for your child involves considering their long-term well-being in every aspect of their life. This includes establishing a trust that relatives can contribute to, ensuring ongoing support for your child's needs. Our law firm assists in navigating these decisions, from choosing guardians in your absence to addressing future educational and residential needs, ensuring a comprehensive plan is in place for every stage of your child's life.
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Please contact our friendly lawyers to Schedule a Consultation.
The purpose of a consultation is to determine whether our firm is a good fit for your legal needs. Although we often discuss expected results and costs, our attorneys do not give legal advice unless and until you choose to retain us.
Schedule a ConsultationLearn More About The Firm1515 Legacy Cir., Ste. 1
Naperville, IL 60563
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I am personally committed to ensuring that each one of our clients receives the highest level of client service from our team. Our mission is to provide excellent legal work in a cost-effective manner while maintaining open lines of communication between our clients and their attorneys. Many of our clients are going through difficult times in their lives when they reach out to us. They should feel comfortable leaning on the experience and knowledge of our attorneys as their counselors and advocates. We are here to help!
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.
Our Illinois special needs lawyers can help you better understand your options in a special needs trust. In this article, we cover the main differences between two common types of special needs trusts: testamentary and stand-alone.
In general, stand-alone special needs trusts are preferable because they make it easier for the beneficiary to access benefits from multiple sources. However, testamentary special needs trusts can be better for beneficiaries that don't have any assets of their own.
To find out which might be best for your situation, make sure to read the full article by our Illinois special needs attorneys.
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