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Our Iowa special needs attorneys are here to assist you or your loved one in preparing a Supplemental Needs Trust and ensure that you are protected if you are receiving benefits based on disability. These trusts help to ensure that you can earn income, receive inheritance, and accumulate assets without putting your benefits at unnecessary risk. Our Iowa special needs attorneys provide with you individually catered and hands-on service to ensure you defend you in your legal matters.
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.
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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!
Adding a home to a special needs trust is additional benefit when calculating Supplemental Social Security Income. In this article, our Iowa special needs attorneys outline these benefits and explain what you can pay for with Special Needs Trusts. In short, Special Needs Trusts cannot pay for the expenses that SSI typically covers such as utilities, mortgage payments, and groceries.
Read the full article by our Iowa special needs lawyers about transferring your home to your Iowa supplemental needs trust.
Special Needs Trusts are used in planning for the care of individuals with special needs. If someone has a disability in Iowa, they are commonly 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. Our Iowa special needs attorneys will help you create a Special Needs Trust to ensure that your loved one with a disability can gain assets and income without reduction of benefits.
In this article, our Iowa special needs lawyers discuss the differences between stand-alone special needs trusts and testamentary special needs trusts and the pros and cons of each. We answer questions such as:
Special needs trusts are a tool that can be utilized for persons with a disability and allows that person to collect assets and receive income without impacting government benefits.