Special Needs Trust

Protect the Needs of a Loved One

Certain family members who suffer from a mental disability or physical impairment may need additional financial safeguards in place to ensure that they have the resources to live an enjoyable life once you have passed. A special needs trust is a very effective way for you to legally protect these loved ones in the future. To learn more about caring for a disabled family member, contact the Law Offices of Jo Bess Jackson, P.C., to schedule a free initial consultation.

Some examples of special needs trusts which our firm can create include:

• Supplemental Needs Trusts
• Third Party Funded Special Needs Trusts
• Self-Settled Supplemental Needs Trusts

Estate planning for dependent family members takes time and patience. Before recommending any course of action, attorney Jo Bess Jackson will sit down with you and your family to determine your hopes, concerns, and goals. Special needs trusts help families ensure that their dependent loved ones will have the proper funding for:

• Medical treatments
• Mental and physical rehabilitations
• Food and living expenses
• Transportation needs
• Educational costs

Miller Trust and Public Assistance

Older people with total funds above the "cap income," may have difficulty qualifying for much-needed public assistance, such as Medicaid. Yet, the amount of public assistance awarded is often not enough to pay for daily nursing home expenses by itself. Because of this, it may seem as if you are caught in the middle between either having too much money, or too little money. A Miller Trust, also called a Qualified Income Trust, is a way for you to qualify for public assistance despite having income above the cap. We can help construct this type of trust for you.

To determine if you should create a special needs trust, contact lawyer Jo Bess Jackson to schedule a free initial consultation. We counsel people throughout North Texas, including Collin County, Plano, Ft. Worth, and DFW. Visit our information center to learn more about your estate plan. Please call (214) 219-2285.