Category Archives: Special Needs Trust
What is the Difference Between a First Party Special Needs Trust and a Third Party Special Needs Trust?
There are unique estate planning considerations for people who have children or other close loved ones with special needs. Special needs trusts can help protect a person’s eligibility for needs-based public benefits while preserving money for supplemental support. There are two types of special needs trusts: First party; and Third party. A key distinction… Read More »
The Top Three Special Needs Planning Mistakes to Avoid in Florida
If your child or other close loved one has special needs, it is crucial that you develop a comprehensive estate plan that is designed to protect their health, safety, and well-being. Special needs planning is complicated. At Fisher & Wilsey, P.A., we help people and families in Pinellas County get it right. Here, our… Read More »
Special Needs Planning: How to Leave Care Instructions for a Disabled Loved One
If you have a loved one with special needs, it is crucial that you take some additional considerations now to ensure that they are properly accounted for in your estate plan. Among other things, you may want to leave care instructions to help confirm that they are treated properly even if you are not… Read More »
Special Needs Planning: What is an ABLE Account?
Do you have a loved one with special needs and/or a disability that interferes with their life? If so, you may be considering making special arrangements for them as part of your estate plan. An ABLE account (Achieving a Better Life Experience) is a unique, tax-advantaged option that can help to provide them with… Read More »