Melone Hatley, P.C.’s Post

Navigating the complexities of Special Needs Trusts can be challenging—but it doesn't have to be. I'm excited to share this short video from Intrustment Northwest that breaks down what Special Needs Trusts are and why they're so important for families planning for the future of a loved one with special needs. At Intrustment Northwest, we take pride in offering personalized, compassionate trust administration services that ensure your loved one's financial security while preserving access to essential government benefits. Check out the video below to learn more about how we can be your trusted partner in navigating these important decisions. If you have any questions or would like to discuss how we can assist you or your clients, please feel free to reach out! #SpecialNeedsTrusts #trustadministration #EstatePlanning #clientfocused #trustservices #financialplanning #intrustmentnorthwest

📢 Protect Your Government Benefits with a Special Needs Trust! 📢 Are you or a family member receiving Medicaid or Supplemental Security Income (SSI)? 📋💵 Don’t let additional income jeopardize your benefits! A Special Needs Trust could be the solution you need. What is a Special Needs Trust? 🤔 A Special Needs Trust helps you manage extra funds without affecting your eligibility for government benefits. This is especially important if you receive a settlement from a lawsuit, inheritance, or gifts. Here’s how it works: Not just for the elderly! Special needs trusts are beneficial for people of all ages facing serious health challenges or disabilities. Whether you’re a young adult with a long-term injury or managing a significant settlement, a trust can ensure your continued care and benefits. Navigating trusts can be complex, but our team at Elder Law Advisors is here to simplify the process. Contact us today to ensure your government benefits are protected while managing any additional funds effectively. Office Location: 300 East Main Street, Suite 250 Lexington, KY 40507 Phone: 859-494-7301

Did You Know?  For families with individuals with special needs, a special needs trust (SNT) can be instrumental in providing ongoing financial support without jeopardizing eligibility for government benefits such as Medicaid and Supplemental Security Income (SSI). By structuring the trust properly, you can ensure that your loved one receives the care and assistance they need while preserving their access to essential public benefits. Ready to explore your options? Schedule a consultation today with Paths Law Firm! Our team is here to guide you through the process and help secure a brighter future for your family.  #SpecialNeedsTrust #FinancialPlanning #PathsLawFirm #Consultation #Support

It might seem like a good idea to name a trusted adult to receive money for the purpose of caring for your kids 💰, but unfortunately, this does nothing to guarantee your kids receive the financial support you wanted for them. 😟 Read the blog to learn why. 👀 #estateplanning #estateplanninglawer #protectyourkids #scottsdale #trust #will #probate #trustadministration #buildyourlegacy #seniors #assetprotection #kidsprotectionplan #powerofattorney #healthcaredirective #longtermcareplanning #desmondlaw #azlegacylawyer

Quick Tip Tuesday! 🌟 Every Tuesday, we'll share a tip from our team at DeMera DeMera Cameron! This week, we're talking about Trust Funds and when to create one: 1️⃣ Avoidance of Probate: Spare your loved ones from the expense and delays that may result from the probate process. 2️⃣ Disability or Special Needs Planning: Establish a special needs trust to care for a family member with disabilities without affecting their government benefits. 3️⃣ Control Over Asset Distribution: Set terms for how and when assets are distributed, protecting beneficiaries from poor financial decisions and ensuring smooth business succession. Stay tuned for more tips every Tuesday & give us a call at (559) 226 – 9200 to get your assets in order. #DDC #DDCcpa #FresnoCPAs #CentralValleyCPAs #FresnoTaxExperts #CentralValleyFinancialServices #CentralValleyWealthManagement #FresnoAuditServices #CentralValleyTaxPlanning #TrustFunds #TrustFundTips

Understanding Special Needs Trusts: Hybrid Standard vs. Strict Standard When it comes to Special Needs Trusts, understanding the standards that govern them is crucial to ensuring the best care and financial security for your loved one. Let's break down the Hybrid Standard and Strict Standard: 🔍 Hybrid Standard: This approach combines elements of both discretionary and mandatory distributions. It provides flexibility by allowing the trustee to make distributions based on the beneficiary’s needs while also adhering to certain mandatory guidelines. This balance ensures that the beneficiary's unique needs are met without jeopardizing their eligibility for public benefits. 🔒 Strict Standard: This standard is more rigid, requiring the trustee to strictly follow predetermined rules for distributions. While this can ensure consistency and clarity in how funds are managed, it may lack the flexibility needed to adapt to changing circumstances in the beneficiary’s life. Choosing the right standard for a Special Needs Trust is essential. A Hybrid Standard offers a blend of flexibility and structure, while a Strict Standard provides clear, consistent guidelines. The right choice depends on your specific circumstances and the needs of your loved one. Ensuring your Special Needs Trust is set up correctly can make all the difference in providing long-term security and support. Let's discuss which standard works best for your family's unique situation. #SpecialNeedsTrust #HybridStandard #StrictStandard #EstatePlanning #TrusteeResponsibilities #FinancialSecurity #DisabilityPlanning #FamilyCare #PeaceOfMind #CreditUnions #CreditUnionMembers #FinancialWellness #CreditUnionAssociation #TrustManagement #CommunitySupport

👵🏽 Protecting Our Seniors: Tips to Prevent Financial Exploitation As our loved ones age, they may face increased vulnerability to financial predators. It’s heartbreaking to think that those who worked hard their entire lives could fall victim to such harm. 🔍 Financial predators, in particular, can include those closest to the ageing adult, making vigilance essential. 💡 How to Protect Your Loved Ones: Carefully vet anyone helping your loved one manage their finances. Look out for signs of elder exploitation. Partnering with a trusted home care agency provides an extra layer of protection. At Actual Homecare, our caregivers and staff bring a fresh set of eyes, spotting early signs of financial exploitation while delivering compassionate care. For adult children living far away, knowing that someone is watching out for your loved one brings peace of mind. 💙 Let’s work together to ensure your loved ones remain safe, secure, and cared for. 📩 Contact us today to learn more about how we protect and care for seniors. #ElderAbusePrevention #SeniorCare #CompassionateCare #ActualHomecare

Special needs trusts allow you to provide long-term support without impacting government benefits, ensuring financial security for loved ones. #SpecialNeedsTrust #FamilyCare #FinancialPlanning

Special needs trusts are one component of an estate plan and allow money to be set aside for a person with a disability. Learn about the estate planning process and the benefits of special needs trusts from Eileen Lee Breger at The Carroll Center for the Blind’s October 9 webinar https://lnkd.in/e4UecQvs

Special needs trusts are one component of an estate plan and allow money to be set aside for a person with a disability. Learn about the estate planning process and the benefits of special needs trusts from Eileen Lee Breger at The Carroll Center for the Blind’s October 9 webinar https://lnkd.in/e4UecQvs