Expert Special Needs Trust Attorney Setup Protects Future
Financial Security and Peace of Mind
A well-structured Special Needs Trust can provide long-term financial security for your loved one. These trusts can hold various assets, such as cash, stocks, bonds, and even real estate, which can be used to pay for services and items not covered by public benefits. This might include medical care, education, transportation, and personal care services. By establishing an SNT, you're ensuring that your loved one's quality of life is maintained, even when you're no longer able to provide direct support.
Costs and Considerations
The cost of setting up a Special Needs Trust can vary significantly depending on the complexity of the trust and the attorney's expertise. On average, you might expect to pay between $2,000 and $5,000 for the initial setup, but this can vary based on location and specific legal requirements1. It's essential to consult with multiple attorneys to understand their fees and the services they offer. Some attorneys might provide free initial consultations, which can be an excellent opportunity to assess their experience and compatibility with your family's needs.