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Ensuring your family's needs are taken care of is the most important thing to you, which is why our Rock Island special needs attorneys are here to help you create a special needs estate plan that is tailored to your family's needs using every estate planning tool to maximize your estate plan ans ensure benefits such as Social Security will remain unaffected. Our experienced Rock Island special needs lawyers ensure you have peace of mind knowing your family is taken care of.
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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Davenport, IA 52801
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!
Special Needs estate plans need to cover all eventualities. There are many things to consider when creating a Rock Island special needs trust for your family. In this article, our Rock Island special needs lawyers discuss some of the broad issues to be aware of when creating your special needs estate plan.
If someone in your family has a disability in Rock Island, in most instances, they are entitled to Supplemental Security Income if they have less than $2,000 in assets and earn under the amount as described by SSI guidelines. Creating a Special Needs Trust in Rock Island will ensure that your loved one with a disability can gain assets and income without a reduction of benefits.
In this article, our Rock Island Special Needs attorneys discuss the use of Special Needs Trusts and ABLE accounts in your estate plan. These allow you to add a home or assets to your trust with the additional benefits of not being counted towards income or ownership from Social Security when calculating Supplemental Social Security Income.
Our Rock Island special needs attorneys examine these benefits and what Special Needs Trusts are allowed to pay for and what they can't under current rules.
Our Rock Island special needs attorneys examine what stand-alone special needs trusts and testamentary special needs trusts can do for an estate plan and explain the differences between them. We discuss:
These types of trusts in Rock Island estate plans can be utilized for persons with a disability and allows that person to collect assets and receive income without impacting government benefits.