Guidance On Trusts For Special Needs And Same-Sex Couples
At Mahaffey & Associates, our Toledo attorneys offer knowledgeable guidance on various types of trusts culled from comprehensive experience in estate planning. We spend the time necessary to get to know our fellow Lucas County residents and implement customized strategies to create complex estate plans.
Peace Of Mind That Comes With Special Needs Trusts
Parents raising children who have mental or physical disabilities witness the challenges their sons and daughters face on a daily basis. Side by side, they work through difficulties and overcome the obstacles that come with disabilities.
A special needs trust (third-party or self-settled) is an effective strategy to help a child suffering from disability. The trust manages resources while ensuring the child’s eligibility for public assistance benefits. It also provides parents peace of mind that quality care will continue for their child long after their deaths.
Asset Protection And Estate Planning For Same-Sex Couples
At Mahaffey & Associates, our lawyers work with same-sex couples who want to leave an inheritance for their partners or provide them decision-making authority over health care decisions.
Trusts help define their own rules for control of the assets, specifically the incapacitation or death of a partner. On behalf of our clients, we employ a combination of strategies that involve trusts and LLCs to give each partner control of assets during their lifetime and upon the death of one of the partners.
Proactive Steps To Protect Your Future
Convenience for our clients is a priority at Mahaffey & Associates. Our office in Sylvania has flexible office hours combined with quality work and cost-effective rates. For help with same-sex trust planning and special needs trusts, contact us online or call 419-741-0111 to schedule a free consultation.