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Important Information on Special-Needs Trusts

If you are the parent of a special-needs child, figuring out long-term care or income for your child can be an anxiety-provoking experience.  Especially when you find out that having even a little money in the bank can disqualify your child from receiving assistance such as Medicaid or Social Security/Disability benefits.

A special-needs trust, or supplemental trust, allows money to be held in a trust so that your child can still qualify for Medicaid or Social Security/disability income.

Here’s an excellent article about this form of trust:

USA Today – Protecting Special Needs Kids Financially

By |2017-12-12T20:51:18+00:00June 19th, 2008|Categories: ADHD, Autism, Money|Tags: , , , , , , , , |Comments Off on Important Information on Special-Needs Trusts

About the Author:

Dr. Stephanie Sarkis is a National Certified Counselor (NCC), Licensed Mental Health Counselor (LMHC), and AMHCA Diplomate and Clinical Specialist in Child and Adolescent Counseling based in Tampa Bay, Florida, where she specializes in the treatment of ADD/ADHD. Dr. Sarkis conducts evaluations, testing, diagnosis, and counseling services. She also is a public speaker, consultant, coach, and is a facilitator in collaborative law.