Why is a Special Needs Trust Important?
YOUR WILL IS NOT ENOUGH TO PROTECT THE WELFARE OF YOUR MINOR OR DISABLED CHILD
THE ONLY THING WORSE THAN DYING WITHOUT A WILL IS DYING WITH ONE
All wills must be processed by Probate Court to legalize your stated wishes. The court can act in two ways you may not have anticipated. Your assets such as bank accounts, houses or busi- nesses will be frozen until the court can process your estate. This can take several years in many states, and a percentage of your children’s inheritance will be reduced to pay for it. Those are precious assets your family will need right away if you are absent.
A more troubling reality is that Probate Court will scrutinize the custody of your children, in spite of your stated wishes because the court will have to go through an approval process first. Part of this process will be to determine if your child’s future guardian has adequate resources to assume responsibility for your child. But there is s way to avoid this legal intrusion.
ONLY A PROPERLY DESIGNED TRUST ALLOWS YOU TO AVOID PROBATE COURT
A UNIVERSAL GUARDIAN TRUST GIVES YOU ULTIMATE CONTROL OF YOUR CHILD’S FUTURE
You, not the court, will establish who will act on your behalf to manage your accounts and assets in the manner you specify. You will also appoint your Child’s Future Guardian, and even though they will still apply for legal guardianship, they’ll be favorably positioned and will NOT have to deal with Probate Court.
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Special Guest Speaker:
Developer of the Universal Guardian Trust & Caregiver's Guide, for families with minor children and those with Special Needs. She is passionate that no child end up in Probate Guardianship with the court calling the shots. Stacy has traveled nation-wide teaching, speaking, and keynoting; working with families & training the financial advisors who serve them.