How can an estate planning attorney help prevent the loss of government benefits?
A good financial plan must be designed so your loved one will not be disqualified from receiving government benefits. An experienced estate planning attorney knows how to avoid the legal pitfalls that can threaten the financial legacy you leave your child or adult with special needs.
Nothing could be worse than having the government declare that the inheritance you left your loved one makes him or her ineligible for benefits. If this happens, the government will deny or cancel the aid it would have otherwise provided for your loved one. Even worse, it could force your loved one to undergo the difficult process of reapplying for government benefits once the inheritance is depleted. This is a planning disaster that must be avoided.