Houston Special Needs Trust Lawyer Whitney L. Thompson Discusses the Purpose of a Special Needs Trust

Harris, Texas -

Houston special needs trust lawyer Whitney L. Thompson (https://www.wthompsonlaw.com/houston-special-needs-trust-attorney/) releases a new article explaining the purpose of a special needs trust in Texas. The lawyer mentions that parents of special needs children must be able to plan for their child’s future thoroughly. Children with special needs often need to rely on government benefits such as Social Security benefits and Medicaid for their medical care.

“Special needs planning focuses on the best way to meet the basic needs of a loved one who has special needs or will eventually become in need of assistance. This process allows a parent or a family member to ensure that their family member with special needs is able to continuously receive the benefits that they are entitled to,” the Houston special needs trust lawyer says.

The lawyer adds that a special needs trust can be a valuable tool when a person plans to support a loved one with special needs. These special needs trusts allow parents to set aside money for their family member who has special needs or disabilities. The main purpose of the trust is to support disabled family members in case their primary caregivers pass away.

Attorney Whitney L. Thompson says that the money in a special needs trust can be slowly distributed to cover expenses such as living costs and other expenses without exceeding the person’s asset limit. This ensures that the person is not left with an unmanageable amount. A special needs trust can be used to supplement benefits such as transport, supplemental therapy, education, and other expenses.

In the article, attorney Thompson says “Special Needs Trusts (SNTs) are designed to maximize public benefits eligibility and ensure continuity of care for the beneficiary's entire life. The trust requires careful planning to make sure that trust terms are in compliance with applicable laws.”

Lastly, the lawyer emphasizes the importance of having a skilled special needs trust attorney when dealing with matters involving special needs planning. Having an experienced estate attorney may be able to help an individual understand their rights and help them prepare for the future of their loved ones.

About The Law Office of Whitney Thompson, PLLC

Attorney Whitney Thompson is an experienced family law attorney who helps clients deal with family law matters such as divorce or legal separation. Attorney Thompson also deals with guardianship, probate, and estate planning matters. As an experienced divorce lawyer, attorney Thompson and her legal team have helped families have a smoother divorce process and plan for their future more thoroughly. To schedule a consultation, call (281) 214-0173.

The Law Office of Whitney L. Thompson, PLLC

4201 Farm to Market 1960 Rd W Suite 219, Box #116B, Houston, TX 77068, United States

(281) 214-0173