2 replies to this topic

[Dillon]

Hi,

I know I asked before. But, I wanted to pose the question one more time.

Does anyone have any experience or advice about how Special Needs Trust should be set up, lessons learned and what you might change, problems created with family over trustee issues are other aspects of the trust and was a financial planner involved in creating The Trust.

Please, I'm not expecting that much detail but some information that might help me out as I consider creating one myself.

I appreciate all your help, thanks!

[Stand]

I have one but mine was set up by a lawyer who is a friend of the family. I'm not sure you can do this by yourself and if you can, I would be very careful. If you have the funds to consult someone in the legal field, I suggest you do that.

[snodrog742]

Stand117711, on 25 March 2011 - 06:16 PM, said:

I have one but mine was set up by a lawyer who is a friend of the family. I'm not sure you can do this by yourself and if you can, I would be very careful. If you have the funds to consult someone in the legal field, I suggest you do that.

I'm pretty sure you cannot do it by yourself, unless you're a lawyer I suppose, as they have such special wording so the state cannot touch the funds in them, etc... I do have one and am in Illinois like you Dillon.