WTOB FM/AM Radio in Winston-Salem, NC interviews elder, and estate planning attorney Vance Parker about how forming a third-party special needs trust may be an excellent way to save protected funds for your child (or other important beneficiary in your life.) A third-party trust may protect against future creditors of both the parent and child, does not disrupt your child’s Medicaid, SSI, or other public benefits, does not have a government payback provision, and can benefit other family members if your child passes away. The trust may benefit your child right away, during your life, and may also provide a protected “nest egg” of assets for your child if you pass away.
Vance talks with WTOB Radio every Tuesday at 4:38 pm, educating the public about elder and special needs law, and estate planning topics.