In this article, our Peoria County special needs attorneys discuss how Special Needs Trusts are used in planning for the care of individuals with special needs.

Someone with a disability in Peoria County is typically entitled to Supplemental Security Income if they have less than $2,000 in assets and earns under the maximum amount as described by SSI guidelines. With the help of our Peoria special needs attorneys and the creation of a Special Needs Trust, your loved ones can ensure you gain assets and income without reduction of benefits.

Read the full article by our Peoria County special needs attorneys explaining the special needs planning process in Peoria County.

In this article, our Peoria County special needs attorneys discuss the process of adding a home to a Special Needs Trust and the benefits from not counting it as an asset when calculating Supplemental Security Income. We explain the types of items that Special Needs Trust are allowed to pay for and what isn't allowed under the rules. SSI can be used to pay for groceries, shelter, utilities and mortgage payments, so in effect, money from a trust cannot be used for these. 

Read the full article by our Peoria County special needs lawyers about transferring your home to your supplemental needs trust. 

Our friendly Peoria County special needs attorneys can work with you and your family to establish a Supplemental Needs Trust, also known as a Special Needs Trust, to allow you or a disabled loved one to accumulate assets, own property, earn an income, and receive gifts and inheritances without reducing or jeopardizing his or her government benefits. 

If you or a family member is receiving government benefits based on a disability, you are probably aware that there are limits to a number of assets you can own as well as to the amount of monthly income you can receive without reducing your benefits.  

However, this does not mean that you need to live below the poverty line in order to continue to receive government benefits.  A Special Needs Trust can allow you or your loved ones to maintain a decent standard of living without reducing your benefits.  

Read more from Peoria County special needs attorneys about Special Needs Trusts.