Bay Area Estate And Tax Planning Law Firm

Why do families hesitate to act concerning special needs trusts?

On Behalf of | Mar 6, 2018 | Uncategorized |

In response to today’s above-posed headline query, the answers are many.

Some parents or other loving caregivers feel stymied in their efforts to make long-term plans for children with special needs owing to what a recent media focus on the matter terms “interpersonal conflicts.” That is, they begin to argue or disagree every time they broach a topic that they deem hyper-sensitive. An appreciable percent of respondents in a university-linked national survey stated that the topic was too “emotionally loaded” to even bring up.

Or maybe it’s the case that families feel too financially constrained to devise and carry out a long-term care plan for a disabled loved one. Maybe they feel that services they would like to see simply don’t exist. Some would-be planners balk because they just don’t know where to begin.

Such news (all those survey responses were common) does not surprise any established estate planning attorney.

It is disheartening, though, to note that fears or perceived constraints of any type would make parents and other loving caregivers hesitate to take proactive steps to learn more about estate planning for disabled individuals, both children and adult. Special needs trusts, for example, are among the most useful and cost-productive of all planning tools that can be crafted to promote familial piece of mind and provide quality long-term care for loved ones who need it.

There is a simple solution to counter parents’ fear that they will be unable to find relevant and readily understandable information about disability planning when they look for it.

And that is contacting an experienced estate administration and tax planning attorney well versed in helping families with special needs-related concerns. That individual will be eminently qualified to help and sincerely happy to do so.