{"id":6651,"date":"2023-07-20T13:06:30","date_gmt":"2023-07-20T13:06:30","guid":{"rendered":"https:\/\/www.atownlaw.com\/?page_id=6651"},"modified":"2023-08-02T13:17:50","modified_gmt":"2023-08-02T13:17:50","slug":"special-needs-trust","status":"publish","type":"page","link":"https:\/\/www.atownlaw.com\/special-needs-trust\/","title":{"rendered":"Special Needs Trust in San Luis Obispo"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6651\" class=\"elementor elementor-6651\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-50df29d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"50df29d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d3eea39\" data-id=\"d3eea39\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-12f76bb elementor-widget elementor-widget-text-editor\" data-id=\"12f76bb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2><span style=\"font-weight: 400;\">Securing Your Loved One&#8217;s Future with a Special Needs Trust in San Luis Obispo<\/span><\/h2><p><span style=\"font-weight: 400;\">Do you worry about a special-needs loved one&#8217;s future? You&#8217;re not the only one. Legal jargon and complicated procedures make understanding a San Luis Obispo Special Needs Trust difficult. Experienced legal counsel is crucial in situations like this.<\/span><\/p><p><span style=\"font-weight: 400;\">805 Law Group&#8217;s <\/span><a href=\"https:\/\/www.atownlaw.com\/\"><span style=\"font-weight: 400;\">estate planning attorneys<\/span><\/a><span style=\"font-weight: 400;\"> truly care about your special needs family&#8217;s future. Our knowledge in estate planning, especially Special Needs Trusts, simplifies the process. We believe in making things clear and simple for you.<\/span><\/p><p><span style=\"font-weight: 400;\">Ready to ensure a secure future for your loved ones? Contact 805 Law Group today to begin the process of creating a Special Needs Trust in San Luis Obispo.\u00a0<br \/><\/span><\/p><h2><span style=\"font-weight: 400;\">What is a Special Needs Trust?<\/span><\/h2><p><span style=\"font-weight: 400;\">A Special Needs Trust is a legal arrangement that permits a physically or mentally impaired or chronically ill person to collect income without losing their eligibility for public aid disability benefits. It gives people with special-needs extra financial support without disqualifying them from Supplemental Security Income (SSI) or Medicaid. This trust helps families pay for a loved one&#8217;s future care without jeopardizing government benefits.<\/span><\/p><h2><span style=\"font-weight: 400;\">What are the Different Types of Special Needs Trusts in California?<\/span><\/h2><p><span style=\"font-weight: 400;\">In California, there are two main types of Special Needs Trusts:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>First-Party Trusts<\/b><span style=\"font-weight: 400;\">: Funded by the special needs person&#8217;s inheritance or lawsuit settlement. After death, the state may seize assets to cover medical bills.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Third-Party Trusts<\/b><span style=\"font-weight: 400;\">: Set up by someone other than the beneficiary, such parents or family. After the beneficiary dies, the residual assets can flow to other heirs without state claim.<\/span><\/li><\/ul><h2><span style=\"font-weight: 400;\">Who Qualifies for a Special Needs Trust in California?<\/span><\/h2><p><span style=\"font-weight: 400;\">Qualification for a Special Needs Trust revolves around two main criteria:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Disability<\/b><span style=\"font-weight: 400;\">: The individual must have a disability, either physical or mental, that substantially limits their ability to perform daily activities.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Age<\/b><span style=\"font-weight: 400;\">: Typically, the individual must be under 65 years old when the trust is established.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">These key factors ensure trust serves those most in need, providing extra support without jeopardizing access to essential public benefits.<\/span><\/p><h2><span style=\"font-weight: 400;\">What Can a Special Needs Trust Pay For in California?<\/span><\/h2><p><span style=\"font-weight: 400;\">In California, a Special Needs Trust can be used to pay for a wide range of expenses. Some key areas it can cover are:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Healthcare<\/b><span style=\"font-weight: 400;\">: This includes medical and dental care, as well as rehabilitative services not covered by public assistance programs.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Home-related costs<\/b><span style=\"font-weight: 400;\">: Expenses like home furnishings and real estate maintenance are covered.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Education and Vocational Training<\/b><span style=\"font-weight: 400;\">: The trust can fund education and skill development.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Transportation: <\/b><span style=\"font-weight: 400;\">The trust is able to cover travel-related expenses, such as the cost of a vehicle.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Personal Assistance<\/b><span style=\"font-weight: 400;\">: This covers personal care attendants and insurance premiums.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Lifestyle<\/b><span style=\"font-weight: 400;\">: Recreational activities and travel expenses are allowable, providing a well-rounded lifestyle for the beneficiary.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">All these expenses are paid directly from the trust, enhancing the beneficiary&#8217;s quality of life while preserving their eligibility for public benefits.<\/span><\/p><h2><span style=\"font-weight: 400;\">How Does a Special Needs Trust in San Luis Obispo, CA, Work?<\/span><\/h2><p><span style=\"font-weight: 400;\">A Special Needs Trust in San Luis Obispo, CA, works in a straightforward manner:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Establishment<\/b><span style=\"font-weight: 400;\">: A family member, guardian, or court sets up the trust, often with the help of an experienced attorney.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Funding<\/b><span style=\"font-weight: 400;\">: The trust is funded with assets. These could be from inheritance, legal settlements, or direct contributions.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Management<\/b><span style=\"font-weight: 400;\">: A trustee manages the trust, making payments for the beneficiary&#8217;s expenses that aren&#8217;t covered by public benefits.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Benefit Protection<\/b><span style=\"font-weight: 400;\">: Because the trust owns the assets, the beneficiary can still qualify for public assistance like Medicaid or Supplemental Security Income.<\/span><\/li><\/ol><h2><span style=\"font-weight: 400;\">How Do I Terminate a Special Needs Trust in California?<\/span><\/h2><p><span style=\"font-weight: 400;\">Terminating a Special Needs Trust in California involves a few key steps:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Consultation<\/b><span style=\"font-weight: 400;\">: Start by consulting a qualified attorney to understand the implications. Our team at 805 Law Group can provide this guidance.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Petition<\/b><span style=\"font-weight: 400;\">: You&#8217;ll need to submit a petition to the court to terminate the trust.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Reasons<\/b><span style=\"font-weight: 400;\">: Valid reasons, such as an improvement in the beneficiary&#8217;s condition or the trust&#8217;s assets being exhausted, must be provided.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Court Approval<\/b><span style=\"font-weight: 400;\">: Lastly, the court will need to review and approve your request for termination.<\/span><\/li><\/ol><h2><span style=\"font-weight: 400;\">Why Do I Need a Special Needs Trust Attorney in San Luis Obispo, CA?<\/span><\/h2><p><span style=\"font-weight: 400;\">Engaging the help of a Special Needs Trust attorney in San Luis Obispo, CA offers several benefits:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Understanding Laws<\/b><span style=\"font-weight: 400;\">: Our team can assist you in navigating complex state and federal laws related to Special Needs Trusts.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Tailored Advice<\/b><span style=\"font-weight: 400;\">: Each situation is unique. We provide personalized advice to match your specific needs.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Prevent Mistakes<\/b><span style=\"font-weight: 400;\">: Errors in setting up or managing a trust can be costly. We ensure everything is handled correctly.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Peace of Mind<\/b><span style=\"font-weight: 400;\">: With our professional team managing the trust, you can have peace of mind.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">At 805 Law Group, we are ready to guide you every step of the way.<\/span><\/p><h2><span style=\"font-weight: 400;\">Call our Special Needs Trust in San Luis Obispo Now!<\/span><\/h2><p><span style=\"font-weight: 400;\">If you&#8217;re considering the critical step of establishing a Special Needs Trust in San Luis Obispo, it\u2019s important to get legal advice. Our law firm, 805 Law Group, is ready and willing to offer the help you need. With our extensive experience in estate planning, you can be assured that your loved ones will be well taken care of.<\/span><\/p><p><span style=\"font-weight: 400;\">Our services extend beyond estate planning. We also offer legal advice in areas of <\/span><a href=\"https:\/\/www.atownlaw.com\/uncontested-and-contested-divorce\/\"><span style=\"font-weight: 400;\">family law<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.atownlaw.com\/san-luis-obispo-slip-and-fall-accident-attorneys\/\"><span style=\"font-weight: 400;\">personal injury<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.atownlaw.com\/what-to-do-after-an-arrest-in-california\/\"><span style=\"font-weight: 400;\">criminal defense<\/span><\/a><span style=\"font-weight: 400;\">. Whatever your legal needs may be, we&#8217;re here to provide the support and guidance you need.<\/span><\/p><p><span style=\"font-weight: 400;\">Don&#8217;t delay in securing a better future for yourself and your loved ones. Contact us today at 805 Law Group.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-282c4b3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"282c4b3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-4895a83\" data-id=\"4895a83\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-40dea84 elementor-widget elementor-widget-text-editor\" data-id=\"40dea84\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tTo get started,\u00a0<a href=\"https:\/\/www.atownlaw.com\/contact-us\/\" target=\"_blank\">.call our offices<\/a> at <a href=\"tel:8054207547\">(805) 420-7547<\/a>.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Securing Your Loved One&#8217;s Future with a Special Needs Trust in San Luis Obispo Do you worry about a special-needs loved one&#8217;s future? You&#8217;re not the only one. Legal jargon and complicated procedures make understanding a San Luis Obispo Special Needs Trust difficult. Experienced legal counsel is crucial in situations like this. 805 Law Group&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6621,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"acf":[],"_links":{"self":[{"href":"https:\/\/www.atownlaw.com\/wp-json\/wp\/v2\/pages\/6651"}],"collection":[{"href":"https:\/\/www.atownlaw.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.atownlaw.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.atownlaw.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.atownlaw.com\/wp-json\/wp\/v2\/comments?post=6651"}],"version-history":[{"count":8,"href":"https:\/\/www.atownlaw.com\/wp-json\/wp\/v2\/pages\/6651\/revisions"}],"predecessor-version":[{"id":6660,"href":"https:\/\/www.atownlaw.com\/wp-json\/wp\/v2\/pages\/6651\/revisions\/6660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.atownlaw.com\/wp-json\/wp\/v2\/media\/6621"}],"wp:attachment":[{"href":"https:\/\/www.atownlaw.com\/wp-json\/wp\/v2\/media?parent=6651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}