Georgia residents approach special needs planning from the right place: they want to make sure that loved ones are taken care of. For many people, that loved one is a child, or perhaps a sibling. Whatever the case, even an approach to special needs planning that attempts to account for all types of contingencies might encounter unique problems.
For example, one of the biggest issues that usually needs to be addressed in special needs planning is Medicaid eligibility. Medicaid, as has been mentioned in previous posts here, is a very important federal program for millions of Americans. If a person with special needs isn't able to enroll in Medicaid coverage due to eligibility concerns, financial complications can be life-altering. Any Medicaid eligibility issues need to be addressed in the early phases of special needs planning.
Creating a special needs trust can also be a unique problem for Georgia residents. Anyone who is familiar with estate planning, for example, knows that there is a wide variety of potential trusts that can be established, and special needs trusts are just one type. Making sure that the trust is established correctly and legally is a crucial step in special needs planning.
Lastly, guardianship issues can be part of any special needs planning that Georgia residents attempt to pursue. Some people who have special needs simply cannot take care of certain financial or medical needs. This is when a guardianship may be an issue that needs to be addressed.
For all of these issues, and potentially more, any Georgia resident who wants to learn how our law firm might be able to help can visit the special needs planning section of our website.