Special Needs Trust
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Hey!!! Come get your full Estate Plan and Special Needs Trust and make sure you and your family are prepared and protected.
Your plan will include the following:
FINANCIAL DURABLE POWER OF ATTORNEY
The durable power of attorney covers personal and financial matters and appoints an attorney-infact
to act on your behalf if you are unable to do so.
HEALTHCARE DECLARATION AND LIVING WILL
The healthcare declaration names an individual to make medical decisions for you in the event
you are unable to do so. Your Living Will provides that if you are in a terminal condition,
diagnosed with a coma or persistent vegetative state which is concluded to be irreversible or
have substantial brain damage or disease which cannot be significantly reversed, it is your desire
that life support be withdrawn.
LAST WILL AND TESTAMENT
The last will and testament is the roadmap used by the probate court to determine the disposition
of assets; it does not avoid probate. If you have minor children, you will name an individual to
act as guardian for your minor children in the event you are unable to do so.
REVOCABLE TRUST
A revocable trust will hold your assets during your lifetime and will help to avoid probate and to
ensure the transition of your estate to your spouse and/or descendants. Revocable trusts can be
amended and/or restated at any time while you are able to do so. You can make the trust as
restrictive or unrestrictive for the beneficiaries as you would like. Lifetime trusts (highly
recommended) for your children and more remote descendants, protect the Trust assets against
the potential for divorce and creditors.
SPECIAL NEEDS TRUST
A Special Needs Trust is tailored to a person with special needs that is designed to manage assets
for that person's benefits and still maintain eligibility of public benefits. A properly drafted
special needs trust will allow the beneficiary to receive government benefits while still receiving
funds from the trust. Every person with special needs is different, which means that every special
needs trust is going to different as well. We are here to ensure you receive up to date information
regarding state and federal benefits and to make sure your family is protected with preparing a
special needs trust specifically for your family.
VALUED AT $6,000.00
Donated by Bhavik Patel, Managing Partner and Chief Executive Officer, Sandberg Phoenix