Absolute Trust Counsel Special Needs Planning

Families of children with special needs face specific estate planning challenges that must be very carefully addressed. Parents, grandparents and other family members can ensure or contribute to the support of a special needs person by creating a special needs trust. Special needs persons include those with disabilities, developmental delays such as autism, those who have suffered a devastating personal injury, and those suffering from mental illness. These individuals may not be able to support themselves and may need to rely upon government benefits such as Supplemental Security Income (SSI) and Medi-Cal. A special needs trust allows parents, grandparents or other family members to set aside money or other assets to provide for the special needs person without disqualifying them from these important government programs. Special needs trusts can be used for lifetime giving or for inheritances. If you have a child or other loved one with special needs, you may want work with a qualified attorney to establish and administer a special needs trust. #SpecialNeeds #SpecialNeedsPlanning #SpecialNeedsTrust #Trustee #Attorney #FinancialPlanner #MediCal #LongTermCare

Did you know? All adults 18 and older should do estate planning for incapacity planning purposes. It doesn't matter how many assets a person has. Incapacity planning will allow you to name someone you trust to make decisions for you in the event something happens to you. Don't miss our FREE estate planning basics webinar on Wednesday, March 12th, at noon. We will share everything you need to know about being prepared and building an estate plan that works for you. Please register now to join us! >> hhttps://lnkd.in/ebuDBRZG #AbsoluteTrustCounsel #AbsoluteTrust #EstatePlanning #EstatePlanningBasics #FreeWebinar #Will #Trust #PowerOfAttorney #AdvanceHealthCareDirective

"As we step into 2025, the theme for estate planning is: Be prepared. With significant regulatory, economic, and industry changes on the horizon, preparation is not just advisable—it is essential. This year brings a myriad of challenges and opportunities that demand proactive engagement from clients and their advisors." - The ATC Team [AD] Incapacity is a critical possibility, and it's something that everyone should have a plan for. Things can quickly spiral out of control for you and your loved ones without it. The proper guidance and plan will ensure you are protected, and your money won't be wasted on court and attorneys. Schedule a free discovery call so we can discuss your concerns and needs. Visit https://lnkd.in/eAinHJge or call us at (925) 943-2740.

In times of disaster, we all want to help our fellow Californians. But unfortunately, scammers also see this as an opportunity to exploit people's generosity. In this episode, we discuss how to avoid being scammed when giving to disaster relief efforts, particularly when it comes to vulnerable populations like the elderly. Don't let your good deeds be taken advantage of – listen now! https://lnkd.in/g2MiSH8Z Need help navigating these upcoming changes? We're here to assist. Schedule a free discovery call now, and let's discuss your estate planning goals. https://lnkd.in/eVHdAqgi

"SECURE 2.0 has also brought about significant changes to trust beneficiaries of IRAs. SECURE 2.0 classifies most trusts as Non-Eligible Designated Beneficiaries, subjecting most trusts to the 10-year rule and creating complications if a trust is named as a beneficiary of an IRA. However, SECURE 2.0 permits certain trusts to take stretch-style distributions." - The ATC Team [AD] Incapacity is a critical possibility, and it's something that everyone should have a plan for. Things can quickly spiral out of control for you and your loved ones without it. The proper guidance and plan will ensure you are protected, and your money won't be wasted on court and attorneys. Schedule a free discovery call so we can discuss your concerns and needs. It only takes about 10 minutes. My team and I look forward to helping you. Visit https://lnkd.in/eAinHJge or call us at (925) 943-2740.

"In August 2024, AB 2016 was finalized, amending key sections of the California Probate Code that impact how successor can manage a decedent's real property held in the decedent's name alone." - The ATC Team [AD] Estate planning addresses many important factors about your future and legacy. Where do you get started if you don't have an estate plan in place? If you do, how have new laws and life transitions changed? Will your plan still protect you? Regardless, you deserve control over your wants, needs, goals, and hopes for the future. We can help you understand your options and, legally, how you will best be protected at all touchpoints. Start by scheduling a free discovery call today, and let's discuss your needs. It only takes about 10 minutes. Visit https://lnkd.in/eAinHJge, or call us at (925) 943-2740.

In times of disaster, we all want to help our fellow Californians. But unfortunately, scammers also see this as an opportunity to exploit people's generosity. In this episode, we discuss how to avoid being scammed when giving to disaster relief efforts, particularly when it comes to vulnerable populations like the elderly. Don't let your good deeds be taken advantage of – listen now! https://lnkd.in/g2MiSH8Z Need help navigating these upcoming changes? We're here to assist. Schedule a free discovery call now, and let's discuss your estate planning goals. https://lnkd.in/eVHdAqgi

iPhone passcode, bank account logins, even safe deposit box combos: Are you documenting all the critical username and password information your trustee needs? These 10 must-have digital asset details can save your loved ones from stressful legal hurdles and costly delays. Discover what to list (and why) in our latest blog! >> https://lnkd.in/enmWvGrr #AbsoluteTrustCounsel #EstatePlanning #AssetProtection #Passwords #Blog

If you reside in California, why do you need a trust vs. just a will? On Wednesday, March 12th, at noon, we will be hosting a FREE Estate Planning Basics webinar that walks you through the fundamentals of estate planning so you and your family are prepared no matter what life has in store. Please register now to save your seat! >> https://lnkd.in/ebuDBRZG #AbsoluteTrustCounsel #AbsoluteTrust #EstatePlanning #EstatePlanningBasics #FreeWebinar #Will #Trust #PowerOfAttorney #AdvanceHealthCareDirective

What happens when there's no will? Who becomes the executor? Find out in our latest episode of Absolute Trust Talk as we discuss the hierarchy of appointing an administrator. Plus, learn about the role of a special administrator in emergencies. https://lnkd.in/dAipA2xP [Ad] Need help navigating these upcoming changes? We're here to assist. Schedule a free discovery call now, and let's discuss your estate planning goals. https://lnkd.in/eVHdAqgi #AbsoluteTrustCounsel #AbsoluteTrustTalk #Podcast #KirstenHowe #WalnutCreek #WalnutCreekAttorney #AbsoluteTrust #Probate #EstateTrust #Executor #PersonalRepresentative #Administrator