Special Needs Planning

Empower Your Family’s Future: Estate Planning for Special Needs Children

It’s Not a Preference—It’s a Lifeline

As a parent of a child with special needs, your love and dedication know no bounds. But have you ever thought about what would happen if you were no longer there to provide the care and support your child depends on?

Estate planning for families with special needs children isn’t just about preparing for the future—it’s about ensuring your child’s financial stability, emotional well-being, and quality of life without jeopardizing their access to critical government benefits.

At P.A. Lundy & Associates, we understand the complex web of financial, medical, and social challenges you face. We’re here to guide you with compassion, clarity, and solutions tailored to your unique circumstances.

The Challenge: Protecting Without Jeopardizing

Leaving enough money to cover your child’s lifetime care and support seems like the right thing to do—but it’s not that simple. A large lump sum inheritance could unintentionally disqualify your child from essential government programs like Medicaid and Supplemental Security Income (SSI).

Yet, without proper planning, your child could lose access to critical resources, leaving their future uncertain.

The Solution: Special Needs Trusts

A Special Needs Trust (SNT) is a powerful tool that allows you to provide financial resources for your child without jeopardizing their eligibility for government benefits. Here’s how it works:

• Protects Benefits: Funds in an SNT do not count as personal assets for your child, preserving their eligibility for Medicaid and SSI.
• Supports Quality of Life: Trust funds can pay for supplemental needs like therapy, education, medical care, transportation, and recreation—ensuring a rich, fulfilling life.
• Adapts Over Time: We account for changing needs as your child grows and as laws governing public benefits evolve.

However, the rules for these trusts are complex. For example, funds cannot be distributed directly to your child; they must go through a third party who oversees their use for approved goods and services.

That’s where we come in.

What We Offer

At P.A. Lundy & Associates, we provide estate planning solutions that meet your child’s unique needs:

• Special Needs Trusts: We’ll design and manage a trust that ensures financial security without risking public benefits.
• Guardians and Trustees: We’ll help you appoint trusted individuals to manage your child’s care and finances if you’re no longer able.
• Residential and Support Planning: We assist in identifying the best living arrangements and funding strategies for your child’s long-term care.

Why Choose Us?

Navigating the legal, financial, and emotional intricacies of special needs planning is overwhelming—but you don’t have to do it alone. With our experience and commitment to your family’s well-being, we’ll help you secure your child’s future with confidence.

Let’s create a plan that offers you peace of mind and ensures your child thrives, no matter what.

Take the First Step

Click below to schedule a consultation and let us help you navigate the complexities of special needs planning.

Your child’s future deserves careful planning. Let’s secure it together.