WebAbout. I am an attorney in downtown Milwaukee, Wisconsin. My practice focuses primarily on elder law, estate planning, special needs planning, … WebA special needs trust is used to ensure a loved one who is disabled and needs long-term care or other assistance can use the money and property in the trust without jeopardizing Supplemental Security Income and Medicaid benefits. Assets other than a car or house and furnishings disqualify eligibility for those benefits.
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WebSpecial Needs Trust. A special needs trust is used to ensure a loved one who is disabled and needs long-term care or other assistance can use the money and property in the trust … WebThe Special Needs Trust helps people afflicted with a debilitating injury or a chronic disability. For example, if you are injured and waiting for a settlement, a Special Needs Trust could be right for you. Another common purpose is a parent or family member setting one up for a disabled child or adult. is sauna good after gym
Special Needs Trust Lawyer Milwaukee Wisconsin Pooled Trust
WebWispact offers two types of Special Needs Trusts: the Self-Funded Trust and the Third-Party Trust. These Special Needs Trusts will not be counted as an available asset, and … WebAssets held in a Wispact Special Needs Trust are an exempt resource for Wisconsin Medicaid and SSI purposes. 1) See MEH 16.6.6 2) See POMS SI 01120.200 1) NOT A DIVESTMENT: Transferring assets to a Wispact Special Needs Trust for your own benefit is not a divestment. There are also exceptions to funding trust for a person’s disabled child – WebContact The Waukesha Pooled Trust Lawyers At Becker, Hickey & Poster, S.C. Our attorneys are well-respected and known throughout Wisconsin for the high-quality representation they provide to individuals in complex legal matters. Contact us … is saugerties in the catskills