If you have a family member with special needs, it is important to factor him or her into your estate planning. In fact, there are \u201cspecial needs trusts<\/a>\u201d or \u201csupplemental needs trusts<\/a>\u201d which can be created specifically for this purpose. Working with a special needs lawyer in Novi<\/a> is the best way to make sure that you are setting your loved one up to be cared for when you are no longer able to do so yourself.<\/p>\n Special needs trusts can be set up and funded in numerous ways. The special needs trust can be either revocable or irrevocable and can spring to life upon your passing or be set up during your life. Much will depend on how the trust will be funded. If you are the only one to contribute then a trust that springs to life upon your death may be the best choice. If other family members, such (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" If you have a family member with special needs, it is important to factor him or her into your estate planning. In fact, there are \u201cspecial needs trusts\u201d or \u201csupplemental needs trusts\u201d which can be created specifically for this purpose.…<\/span><\/p>\n