Your Peace of Mind
We all hope that our children will have a happy, healthy, and productive life to the fullest extent possible. To do so, we must address two questions:
Who will take care of my child when I no longer can due to my death, disability, or old age?
How can I leave an inheritance to my child to enhance his or her quality of life without disqualifying him or her from government benefits?
Many parents do not realize that:
When they receive their Social Security retirement or disability benefit, or their family receives a Social Security death benefit, it could disqualify their child from Medicaid.
Additionally, leaving their child an inheritance greater than $2,000 could disqualify them from Medicaid.
Leaving their child’s inheritance to its sibling could have a significant negative legal and financial impact on them.
The Taskforce solves these problems using a process it developed that includes the use of trusts that meet all Federal and State requirements to leave an inheritance for the child without jeopardizing its benefits. The Taskforce also pioneered a trust that helps attract and retain successor caregivers.
All of this is accomplished at a price that middle-income Americans can afford.
The parents' benefit is that they will not lie awake at night, worrying about how to address these issues.
