An Explanation of Special Needs Trusts for Massachusetts Parents
-
October 24, 2014
| -
Posted by
CHWM | - Estate Planning
Parents of special needs children understand the difficulty in remaining financially stable while raising their child. One problem that many run into is how to provide their child with money without affecting their ability to qualify for some government assistance programs such as Social Security and Medicare. At a certain income level, a person is disqualified from these programs, but through a special needs trust, parents can avoid this issue.