• pauline
• November 4, 2021
• 0 Comments

How an Injury Lawyer Can Help Someone With Special Needs

Was someone you love in a car accident that’s changed how they navigate the world? Perhaps you have a child who has special needs due to cerebral palsy or another disease. Regardless of who has special needs or why, a personal injury lawyer can help you navigate the complex changes in your life.

Fighting for Compensation

The biggest way an injury lawyer Melville NY can assist someone who has special needs is by fighting for compensation if it is warranted. Someone who nows requires ongoing medical care or other assistance due to an accident that wasn’t their fault may be eligible to receive compensation. The money is often necessary to help pay for care such as doctor’s appointments, in-home health teams, transportation upgrades, and more.

Applications for Benefits

Someone who has special needs often qualifies for assistance from state and federal organizations. However, the application process to receive such benefits is often long and complicated. When coupled with the new reality for the injured person, remembering to fill out applications correctly and submit them by the required deadlines is often too much. A lawyer can assist by ensuring everything is filled out correctly, gathering any supporting documents, and ensuring everything is submitted on time.

Helping the Family Through Tough Times

When someone’s daily life changes and results in having special needs, the change can be overwhelming for everyone involved. Parents who give birth to a child with special needs often need direction as well. An injury lawyer typically has education about special needs as well. He or she can provide legal advice, help to advocate for their rights in special education, and draft legal documents for healthcare needs, guardianship needs, and powers of attorney when relevant.

When hiring an attorney who works with special needs cases, it is important to ask the right questions. In addition to verifying licenses, ask the attorney what interested him or her in the specialty, who can provide good references, and what to expect from the services.…

• pauline
• November 4, 2021
• 0 Comments

Trusts As Estate Planning Tools

No matter what your income or net worth is, it is important to think about your financial future. If you have built up significant net worth, then estate planning may be important as well.

Learn about creating one or more trusts to protect your estate. They are versatile instruments that can help in many situations. Consider using estate planning services Westport CT.

Trusts In A Few Words

In a nutshell, trusts are legal arrangements in which property and assets are held by a third party (a bank, for example) on the behalf of one or more other people. More specifically, a trust holds this property in a fiduciary relationship for one or more beneficiaries. Once in the trust, the assets are owned by the trust and they remain subject to the instructions set forth when the trust was created. Therefore, a competent professional is used to make sure that trusts are properly created and legally valid.

Why Use Trusts As Estate Planning Tools

The following situations may come into play when considering ongoing estate planning:

• Minimizing income tax, estate tax, or transfer tax
• Planning for business succession
• Maintaining assets for beneficiaries at some time in the future
• Avoidance of probate and maintenance of privacy
• Long-term gifts to charities

For each of these examples and many others, the establishment of a trust can be a very good choice. Furthermore, trusts are not just for the ultra-wealthy. Average people can benefit from the creation of trusts as well, especially if some of the above-cited situations pertain.

Make Sure You Use A Financial Expert

You should be aware that trusts at legally binding instruments. Therefore, you will want to work with a professional team that is well versed in trusts, estate planning, and related areas. Make sure to obtain their professional counsel and expertise.

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