Fearful Mother: Do I Need a Disability Trust?

by April

I am the mother of a disabled adult who has a $5 million judgment against him. He is my dependent and I fully support him without any gov't aid.

Which legal document would be best to ensure that his portion of my estate cannot be taken by the plaintiff/court and the assets to only be used for his living and health expenses? A living trust or a revocable trust?

I will appoint a trustee to handle the assets after my death, but how can I protect all assets from this judgment?

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Dec 02, 2013
Disability or Special Needs Trust
by: Mo

Hi, some of your questions are answered at disability trust and special needs trust. You could accomplish such a trust either as a living trust or within your will to take effect upon your death.

In any event, I highly recommend you discuss this with a local estate planning attorney. Good luck!

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