Special needs trusts

The team at The Private Firm boasts a wealth of experience and expertise, making them adept at handling Special Needs Trusts. We are dedicated to providing tailored solutions and guidance to cater to your unique needs.


Special Needs Trusts play a pivotal role in ensuring the financial security of individuals with disabilities. At The Private Firm, we understand the unique challenges these individuals and their families face. Special Needs Trusts are specially crafted to manage resources for the benefit of those with disabilities while preserving their eligibility for vital public benefits like Medicaid and Supplemental Security Income (SSI). Without such trusts, direct inheritance or settlements could potentially disqualify them from receiving these essential support services.

Here’s why Special Needs Trusts are not just financial instruments, but a lifeline for many families:

  1. Preservation of Public Benefits: Special Needs Trusts are meticulously designed to safeguard the beneficiary’s access to crucial public assistance programs. By properly structuring and managing the trust, our clients can ensure that their loved ones continue to receive Medicaid, SSI, and other essential benefits without interruption.

  2. Financial Protection: Special Needs Trusts provide a robust shield against financial pitfalls or the misuse of funds. They ensure that the assets within the trust are used exclusively for the beneficiary’s benefit and needs, reducing the risk of financial exploitation.

  3. Long-Term Care: These trusts represent a commitment to the long-term well-being and care of individuals with special needs. Families can rest assured that their loved ones will receive the necessary support and resources throughout their lives.

  4. Structured Management: Special Needs Trusts offer a structured and organized approach to managing the beneficiary’s resources. Trustees appointed by the family or the individual can oversee disbursements and expenditures, ensuring they align with the beneficiary’s best interests.

  5. Estate Planning Tool: Special Needs Trusts also serve as an integral part of estate planning for families with individuals with disabilities. They provide a means to leave behind assets in a manner that benefits the disabled family member without jeopardizing their eligibility for government assistance.

  6. Flexibility: Special Needs Trusts are flexible in terms of what expenses they can cover. They can fund a wide range of needs, including medical care, therapy, education, housing, transportation, and even quality of life enhancements such as travel or hobbies.

  7. Peace of Mind: For families, establishing a Special Needs Trust signifies peace of mind, knowing that they have taken the necessary steps to secure their loved one’s future. It represents a proactive approach to financial planning and protection.

Special Needs Trusts offered by The Private Firm go beyond financial management. They are a lifeline for individuals with disabilities and their families, ensuring that they can access critical public benefits while providing a structured and secure financial future. These trusts not only protect assets but also preserve the dignity and well-being of those who rely on them, offering peace of mind to families facing unique challenges.

We look forward to speaking with you!