Special Needs Planning helps families of individuals with disabilities navigate unique legal and financial challenges with thoughtful, long-term solutions. It protects eligibility for public benefits while also enhancing quality of life through tools like trusts and other strategies. At Jennifer Frank Legal Group, we partner with you to design plans that provide security, peace of mind, and lasting support for your loved one’s future.
First Party Supplemental Needs Trust
Funded with the beneficiary’s own assets (e.g., a legal settlement), these trusts preserve eligibility for public benefits while allowing funds to enhance the beneficiary’s quality of life. We handle setup and compliance.
Third Party Supplemental Needs Trust
Established by family members for the benefit of a loved one with disabilities, third-party SNTs allow for inheritance or gifts without affecting public benefits. We design these trusts with flexibility and long-term sustainability in mind.
ABLE Accounts
ABLE accounts offer a tax-advantaged way to save for disability-related expenses without jeopardizing public benefits. We advise families on how to set up and manage ABLE accounts effectively as part of a comprehensive plan.
Preservation of Public Benefits
We ensure that estate plans and settlements are structured to preserve access to public benefits, safeguarding medical care, housing, and other supports for vulnerable individuals.
Trustee Administration
Serving as a trustee can be complex and demanding. We support trustees in managing trusts responsibly, ensuring legal compliance, timely distributions, and proper documentation.
Pooled Trusts
Pooled trusts offer a cost-effective solution for managing assets of individuals with disabilities while preserving public benefits. We help clients determine if a pooled trust is the right fit and assist with enrollment.
“There are only four kinds of people in the world: those who have been caregivers, those who are caregivers, those who will be caregivers, and those who will need caregivers.”
—Rosalynn Carter
Settlement Preservation Trusts
Settlement preservation trusts protect lump-sum settlements from quick depletion and ensure long-term financial support. We establish and manage these trusts to balance flexibility with long-term security.
Settlement Consulting
We provide strategic guidance on how to structure settlements for clients receiving personal injury or disability awards, ensuring protection of benefits, tax efficiency, and financial security for the future.
We can help with any and all of these needs.
