Why Do A Special Needs Trust?

Often times when we do our estate planning, we have loved ones who are special needs and receiving governmental assistance.  Under these circumstances, inheritances to the special needs individual can greatly impact their ability to receive governmental assistance from Social Security, Medicaid, or other similar programs.

Under these circumstances, we need a Special Needs trust created to help our special loved one while not affecting the governmental assistance required for their care.  If properly created, the inherited funds can be used to help provide your loved one the things beyond those provided by the Government necessary to not only survive, but thrive.

What Happens if Someone with Special Needs receives an Inheritance without a Special Needs Trust?

In situations where a special needs individual receives an Inheritance that is not properly created, the Government may reduce or terminate any and all governmental assistance to that special needs individual until the Inheritance is completely exhausted.  Ultimately, there will likely be no net benefit whatsoever to the special needs individual from their Inheritance.

Start Planning for your Special Needs Loved One

Ready to take the next step? Contact us online or by phone at 501-623-9800 for a free initial consultation to discuss your estate planning needs.

Traversing the Child Support Requirements

In Arkansas, Child Support is the right of the children involved in the case.  Even in Joint Custody cases, the Court still is required to address the income differences between the parties and assign Child Support payments.  Arkansas has departed from its historical use of a Child Support Chart and now uses a Child Support Calculator.

This Calculator is designed to use the gross income of both parties.  The Calculator considers whether the custody arrangement is joint or a primary care.  The Child Support Calculator takes child care, health care, and other child rearing necessities into account before assigning the child support required to be paid.

Contact Us For Experienced Child Support Attorney

Call us at 501-623-9800 or use the email contact form to arrange a free initial consultation to discuss your Arkansas divorce or family law problem with a lawyer who cares.