Special Needs Trusts, Special Needs Planning and Guardianship
Planning for minors and adults with diminished capacity requires careful consideration of the applicable laws. Experts in estate planning and this area of the law offer their expertise to families regarding special needs trusts, supported decision-making, alternatives to guardianship, healthcare proxies, power of attorney and more.
Special Needs Trusts
A special needs trust, also known as a supplemental needs trust, is a type of irrevocable trust that can provide benefits to minors and developmentally or mentally challenged individuals. Estate planning experts discuss the different types of special needs trusts, what to consider to avoid losing public benefits like Medicaid, and other potential pitfalls.
Alternatives to Guardianship
What is guardianship, also known as conservatorship, and what are the alternatives to guardianship? Learn about alternatives to guardianship, including revocable trusts, POA, medical orders and social security options from experts.
An alternative to guardianship for individuals with developmental disabilities is supported decision-making. When is supported decision-making appropriate and when is it not? Learn how it works, including an overview of a pilot program in New York, from experts on this topic.
How to Choose your Executor or Trustee
Selecting an executor or trustee to oversee your will or trust requires careful consideration. Learn about the duties of an executor or trustee, traits to look for when selecting an individual(s) executor or trustee and when to consider a corporate trustee.
What is a Revocable Trust and do I Need One?
"What is a Revocable Trust and Do I Need One?” is a common question among families beginning estate planning. Professor Mary F. Radford frequently gives presentations on estate planning and guardianship and shares her insights with families in this video.