Facing Challenges with Special Needs or Addicted Loved Ones
No one will deny that parenting is a difficult job. The challenges are only enhanced when a child is mentally or physically disabled, suffers from an addiction to alcohol or drugs, or is a spendthrift. You not only want to provide for them long after you are gone, but also want to give them the ability to live as independent a life as possible.
The law firm of Smith & Mabley in Farmington Hills, Michigan, helps our clients address this complex area of Asset Protection and Estate Planning.
Trusts involving special needs children, and those suffering from addiction, require greater attention to details and a number of special provisions to specifically address the particular needs and support of the beneficiary. For help, contact us online or call us toll free at 866-975-9915.
Challenges of Estate Planning Involving Special Needs and Addicted Children
At Smith & Mabley, we understand that trusts established to provide for the expenses of a loved one with special needs or an addiction requires additional, carefully worded language. The trust should not only address financial issues of the Special Child, but also living arrangements and ongoing review of the Child's living conditions, development and interaction with siblings and other family members. In drawing up a trust for an addicted child, a parent can set rules and parameters that their son or daughter must follow to financially benefit from the trust. Mandates that involve sobriety, rehab and ongoing employment can be incorporated. Strict regulations regarding how the money is used can provide financial assistance for the child without enabling the addiction.
Experience and Empathy at Work for You in Special Needs Planning
Attorney John D. Mabley, a partner at our firm, brings more than extensive experience and respect among his peers to this area of the law. He is the father of a 23 year-old daughter with special needs. He has shared his unique insight as both a parent and lawyer by speaking to groups of fellow parents who face the same challenges every day with their developmentally disabled children. Count on him to be a compassionate and empathetic advocate who can counsel you and help meet the goals you have chosen for the life of your loved one.
While you may not feel that the special needs of your child or the addiction of a family member is anyone's business, our attorneys consider it as an critical part of your Asset Protection and Estate plan. You can trust us to be your most diligent counselor and friend in dealing with these sensitive family issues.
Additional information on this topic will be found on our Resource Page.
Contact Us
For more information or to schedule an appointment with our experienced lawyers regarding planning for a special needs or addicted family member please contact us. Send us an e-mail or call us toll free at 866-975-9915.
