Special Needs Planning is a strategic process that helps ensure people with disabilities have access to the resources they need to live their best lives. It can include legal procedures, financial strategies, and other tools to help people with disabilities and their families achieve long-term care, financial security, and quality of life.

As trust attorneys, Conti has worked with clients in assisting to safeguard an inheritance who is collecting governmental benefits without jeopardizing their coverage. If it’s too late, and an individual receives an inheritance or settlement in their name, they don’t have to lose their benefits. Conti can assist your family with establishing various special needs trusts to make sure your loved one is protected.

First Party Special Needs Trust

This is created using funds the beneficiary may currently have or soon have. Any remaining funds left after their death must be used to “pay back” the state for whatever Medicaid costs paid on behalf of the beneficiary

Pooled Trust

The Pooled Trust is a variation of the First Party Trust whereby the Trustee is a Special Needs Trust company and manages all the beneficiaries’ monies in a pooled account with each having a sub- account

Third Party Supplemental Needs Trust

Third Party Supplemental Needs Trust is created by a donor who contributes funds to the trust. Upon the beneficiary’s death, the assets remaining in the trust can be passed down to another person of the donor’s choosing.