Special NEeds Trust

[Guest guest]

Depending on the state one lives in, there are Special Needs trusts where

the Remainder can go to other family members. Some areas of the country

have set up group trusts where each member contributes a set amount. Needs

are met from the trust for all, but there is no remainder. The cost to the

individual is VERY LOW. There are trusts like this in Norfolk, VA and in

Pittsburgh, PA.

This requires an attorney familiar with Special Needs Trusts in your state.

MetLife has a program to help people make decisions about life insurance and

trusts. They are in the business of selling life insurance, however, we did

not buy life insurance. They did give us good advice.

The ARC usually knows the lawyers with experience with Special NEeds trussts

in your state. BE CAREFUL. My friend did not want to use the attorney from

ARC for some reason - decided he wanted a big name Philadelphia attorney.

After he spent $8,000 !!!!!! and did not get the trust accomplished, he went

to the lawyer suggested by the ARC - for under $1000 all was set up.

Sara - Choose to make lemonade, not complain about the lemons.

>

>Reply-To:

>To:

>Subject: RE: Life Insurance???

>Date: Mon, 10 Jul 2006 17:13:18 -0500

>

>life insurance is a difficult but neccesary thing to have. Really shop

>around and inquire about every little detail. We have not left any to

>nathan

>as they would take away his benefits use upp the money first and then try

>to

>get him back on the benefits. There is such a thing as a special needs

>trust, that many use, but our lawer advised us against as if you put money

>in and they passa away, the family doesnt get the money back or something

>like that(im not good at that legal stuff), talk to your attourneys too

>they

>can be helpful in pointing you or giving you the info or things you need to

>do in your family's best interest. shawna

>

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