Lisle, Illinois : Life’s Plan is pleased to announce they can help families establish a special needs trust. These trusts are essential for parents caring for a child with lifelong special needs who will need care after their passing.
Special needs trusts require careful attention to detail for disabled individuals and the elderly to protect their state and federal entitlements. If not handled properly, these trusts can put these individuals at risk of losing essential benefits due to having assets that surpass the limits. At Life’s Plan, their team is experienced in setting up these trusts and helps families understand their options. They can help with third-party pooled trusts and self-funded pooled payback trusts.
Although Life’s Plan is not a law firm, they specialize in helping families choose the right type of special needs trust for their needs and establish a Life Care Plan to ensure their loved one has the necessary care in the future. After creating the Life Care Plan, clients are encouraged to meet with an estate planning attorney to formalize the agreement to prevent issues later.
Anyone interested in learning about special needs trusts can learn more by visiting the Life’s Plan, Inc website or by calling 630-628-7169.
About Life’s Plan: Life’s Plan, Inc is a company specializing in helping families set up a special needs trust. Their experienced team can help families understand each type of trust and make the right decision for their needs. The company can help draft trust agreements that don’t harm Social Security benefits, coordinate care services for disabled individuals and the elderly, administer two-pooled trusts, and provide charitable grants for families of disabled individuals.
Company: Life’s Plan, Inc.
Address: 901 Warrenville Road Suite 500
City: Lisle
State: IL
Zip code: 60532
Telephone number: 630-628-7169
Fax number: 630-628-2350