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Category Archives: Special Needs Trust(s)

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How Do Special Needs Trusts Work?

By Fisher Law LLC |

A trust of any kind is a document that expresses your wishes while you are alive and after you have passed. The need for a dedicated trust for loved ones differs with the situations or issues of the family. Getting this wrong can lead to financial devastation, explains the article “Take special care with… Read More »

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Trusts can Work for ‘Regular’ People

By Fisher Law LLC |

A trust fund is an estate planning tool that can be used by anyone who wishes to pass their property to individuals, family members or nonprofits. They are used by wealthy people because they solve a number of wealth transfer problems and are equally applicable to people who aren’t mega-rich, explains this recent article… Read More »

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How to Plan for a ‘Fragile’ Beneficiary – Minors, Special Needs, and Those with Creditors

By Fisher Law LLC |

Frequently, estate plans will include an inheritance for a minor beneficiary. If you have minor children, you should spell out exactly what you want as far as who will care for your children and how your children’s financial needs will be met. Wealth Advisor’s recent article entitled “Handle with care: Tips on planning for… Read More »

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What Trusts are Available for Estate Planning?

By Fisher Law LLC |

A trust is a legal agreement that has at least three parties. The same person(a) can be in more than one of these roles at the same time. The terms of the trust usually are embodied in a legal document called a trust agreement. Forbes’s recent article entitled “Here’s What You Need To Know… Read More »

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How Do I Find a Great Elder Law Attorney?

By Fisher Law LLC |

Elder law attorneys specialize in legal affairs that uniquely concern seniors and their adult children, says Explosion’s recent article entitled “The Complete Guide on How to Find an Elder Law Attorney.” Finding the right elder law attorney can be a big task. However, with the right tips, you can find an experienced elder law… Read More »

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Your Estate Plan Needs to Be Customized

By Fisher Law LLC |

The only thing worse than having no estate plan, is an estate plan created from a ‘fill-in-the-blank’ form, according to the recent article “Don’t settle for a generic estate plan” from The News-Enterprise. Compare having an estate plan created to buying a home. Before you start packing, you think about the kind of house… Read More »

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Writing a Letter of Intent For Your Special Needs Child

By Fisher Law LLC |

Writing a letter of intent (LOI) for your special needs child can help bring them family continuity and comfort after you are gone. As a parent, the most valuable asset your child has is you and your ability to care for them. You, like no other, fully understand the nuances of your child’s coping… Read More »

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How Does Planning for a Special Needs Child Work?

By Fisher Law LLC |

Funding a Special Needs Trust is just the start of the planning process for families with a family member who has special needs. Strategically planning how to fund the trust, so the parents and child’s needs are met, is as important as the creation of the SNT, says the article “Funding Strategies for Special… Read More »

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Avoiding Probate with a Trust

By Fisher Law LLC |

Privacy is just one of the benefits of having a trust created as part of an estate plan. That’s because assets that are placed in a trust are no longer in the person’s name, and as a result do not need to go through probate when the person dies. An article from The Daily… Read More »

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Not a Billionaire? Trusts Can Still Be Beneficial

By Fisher Law LLC |

You don’t have to be wealthy to benefit from the use of a trust. A trust is a legal arrangement by which one person transfers his or her assets to a trustee who will hold those assets in trust for third parties, explains the Stamford Advocate’s article “Trusts are not for the wealthy only.”… Read More »

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