A Special Needs Trust in (SNT) is a complex legal tool set up on behalf of a person with special needs or disabilities. The SNT allows a beneficiary with special [...]
Westlake Village special needs planning lawyers often help parents set up a supplemental or Special Needs Trust in Ventura County to protect their child’s resources and inheritance for the future. [...]
As a Thousand Oaks trust lawyer, I am often asked by parents if it is possible to protect an inheritance for an adult child who battles Bipolar Disorder. Unfortunately, one of the hallmarks of the condition is excessive financial spending while in the mania phase of the disease. Parents often worry that if they leave an inheritance outright to their adult child that it will be lost or squandered quickly, and that mom or dad will no longer be around to help deal with the fallout of such spending.
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