A special needs trust is defined as a legal tool designed to help people with disabilities and special needs improve their quality of life and maximize their resources.  There are a few duties that need to be followed when it comes to Special Needs Trusts in Indiana and the surrounding areas in New Albany Clarksville Jeffersonville and Corydon, Indiana and Louisville, Kentucky.  You can read about them below. Collect Assets and Fund the Trust You must firstidentify the assets that you wish to fund and transfer to trust, and identify the beneficiary of the trust and the circumstances under which distributions will be made to the beneficiary.  Drafting a Special Needs Trust will require an attorney and must meet certain... Read More

You have worked hard your entire life and you have tried to save as much as possible. It is perfectly normal at this stage in your life for you to be worried about such things as wills, trusts, and probate. Deciding whether a will or a trust is best for you comes down to knowing enough about them to make an informed decision. Your best bet is to hire a well-educated estate, trust and probate lawyer to discuss with you the basics of wills, trusts, and probate. What is a Will? A will is a document that sets out in a written instrument how and when your estate is to be distributed after your death and to whom, and in... Read More