If you are looking for special needs attorneys in the Hudson Valley, at the Law Offices of James Yastion, PLLC, we provide special needs planning services to protect a child or adult’s eligibility for crucial government entitlement programs such as Medicaid and SSI while helping to build a firm economic foundation for your child or other beneficiary for his or her lifetime.
An effective tool for achieving a client’s special needs planning goals is the creation of a supplemental needs trust (“SNT”) either with a parent or third party’s assets or with the assets of the beneficiary him or herself. Often a SNT will be an effective vehicle for the administration of the proceeds of a personal injury or medical malpractice settlement. We can help to shelter not only assets but in many cases income streams including certain retirement benefits and alimony by irrevocably assigning the income to the trust.
The following are several types of SNT’s, which will be tailored to each client’s needs and goals:
As your child approaches the age of 18, we can also help you establish guardianship over your child under Article 17A of the Surrogate’s Court Procedure Act.
Contact the Law Offices of James Yastion, PLLC at (845) 255-4400 to schedule an initial consultation to discuss your legal concern.