spacer spacer
  •  
    Joshua and Laura Meier Newport Beach Trust and Estate Planning Attorneys Focused on Helping Families with Young Kids
    Joshua and Laura Meier
     

    Social Networking

    Facebook Facebook Google Plus LinkedIn LinkedIn Twitter


  • Archives






  • Categories




  • spacer
    Oct 23 12

    Importance of Special Needs Planning For Families in Newport Beach, California

    Newport Beach Law Firm





    They navigate a confounding thicket of tasks
    and rules. On one side, there is the bureaucracy that government program
    administrators may erect at any moment. On the other, there are specialized
    trust accounts and estate planning issues to consider.

    Kids Posing on GrassIn this election season and
    numerous others, there are many debates on which government programs should
    stay put and which ones should be cut. 
    Oftentimes, the disabled population gets forgotten in these
    debates.  If you have a family member
    with special needs, what are you to do if the aid they depend on gets thrown on
    the chopping block? Planning ahead is a must in this situation.

    Unfortunately, few parents of
    children with special needs fully appreciate what is at stake and how to
    protect it. To make matters worse, too few professional financial planners are
    versed on the need to provide a long-term solution for such children,
    especially with shrinking public assistance benefits.

    The New York Times recently provided a mini-primer of sorts on the
    subject titled “Assuring Care of a Family Member With
    Special Needs
    .” While proper
    planning will vary from one family to another, given different needs, there are
    many tools to employ ranging from special needs trusts to life insurance. The
    key is to know which ones to use.

    As funds available for public
    assistance programs such as Medicare, Medicaid, and Social Security become more
    restricted and unpredictable, planning for special needs is going to be more
    and more important each year. Seek appropriate counsel for your special needs
    family member to gain peace of mind for their future care.

    Contact your Newport Beach, California Estate Planning Attorneys at Meier Law Firm to discuss special needs planning for your family.

    Reference: The New York Times (October 5, 2012) “Assuring Care of a Family Member With
    Special Needs




  • Frequently Asked Questions

    Click Here To Call Our Office

    Click here to Read Our Blog
     
    Wealth Counsel Member

    Orange County Young Executives  
  • spacer
    Welcome | Practice Areas | About Us | FAQs | Becoming a Client | Events | Advisors Forum | Newsletters | Contact Us | Blog | Disclaimer
     
    Meier Law Firm | 2103 Vista Entrada, Newport Beach, CA 92660
    phone: 949.718.0420 e-mail: office@meierfirm.com