New Jersey’s renowned special needs trust attorney, Christine Matus, has published an informative article on the intricacies of setting up a special needs trust in New Jersey. The piece provides an in-depth exploration of the subject, offering guidance and insights to families and caregivers of those with special needs.
Special needs trust attorney Christine Matus, of The Matus Law Group, is recognized for her commitment towards ensuring that the interests of special needs individuals are safeguarded. In her latest article, she addresses the unique challenges faced by families caring for special needs members and the essential role of a special needs trust in estate planning.
“Every family should have an estate plan in place, but this becomes especially crucial when caring for a family member with special needs,” says Matus, an experienced lawyer in the field of law pertaining to the disabled. The special needs trust attorney further highlights the complex nature of the probate system and the potential for an estate’s value to be significantly diminished during the settling process. This, she points out, can be particularly detrimental for special needs relatives relying on these funds for care.
The article provides a detailed comparison between special needs trusts and supplemental needs trusts, clarifying their differences and uses. Matus explains, “Trusts funding comes from different sources depending on the type of trust. Understanding these distinctions is important when planning for potential incapacity.”
Matus and her team of attorneys at law emphasize the importance of a special needs trust in maintaining a disabled family member’s eligibility for disability benefits while enhancing their quality of life. She articulates, “Special needs trusts are a vital tool for individuals with disabilities, offering them a better life not only for immediate, permanent needs but also for those with temporary needs or anticipated future disabilities.”
The special needs trust attorney further breaks down the differences between first-party and third-party trusts, elaborating on the source of assets and payback requirements. She also offers guidance on choosing a trustee, stressing the significance of understanding the roles and potential drawbacks of different types of trustees.
In her article, Matus underlines the role of special needs trusts in preserving the assets meant to care for loved ones, emphasizing the importance of proper estate planning. She states, “We, as attorneys, create these special needs trusts to keep assets private and to protect the needs of your loved ones. With proper planning, you can continue to care for your family for as long as they need it.”
Wrapping up the discussion with an action-oriented note, Matus encourages families to seek legal advice from lawyers when considering estate planning for a special needs family member. Understanding the intricacies of special needs trusts can be a daunting task, but with the right guidance, families can secure a bright future for their loved ones.
About The Matus Law Group:
The Matus Law Group is a legal firm dedicated to providing exceptional legal advice in the areas of special needs planning, elder law, real estate law, and estate law. Led by Christine Matus, Esq., the firm is committed to building strong relationships with their clients to better understand and cater to their needs. The firm’s team of compassionate attorneys is experienced in administering services specifically designed for special needs families, ensuring they receive the support and legal guidance they deserve.
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Address:125 Half Mile Rd #201A, Red Bank, NJ 07701
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