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Special Needs Trusts Funds..

Bridgette Reeves Posted by Bridgette Reeves at 06:43 PM on April 07, 2009

If you missed attending the Wills & Trusts workshop at USCL on April 4th provided by the Family Connection of SC, then here are the highlights. 

 

It was truly a great day for having a workshop, the sun was shinning the birds were chirping & it was really a beautiful morning.  The kids & I arrived at USCL & noticed only three cars in the parking lot. I wondered to myself, "How come there are only three! It was time for the workshop to begin & no one was hardly here." 

 

As I walked into the building, I was greeted by Ms. Vanhook, a Family Connection program assistant.  She showed us to two rooms that were reserved for the workshop. One was for the children & the other one was for the parents. The kids went into one room & I, on the other hand, went into the other. I sat down at one of the desk & noticed that I & another parent were the only ones who attended. I guess since this workshop involved talking about death & your arrangements, maybe this is why no one came.

 

Anyway, Mr. Terry Hair, a MetLife representative, came into the room & presented a wonderful powerpoint presentation of Special Needs Trust Funds & Wills. It was truly an eye opener for me.. I had no idea of all the information that's involved with trust funds.

 

I also learned that if something should happen to me & my husband together, my kids would be in a big pickle. I never knew that since Brandon is on TEFRA Medicaid that after my husband & my death occurs, Medicaid could come into our estate & take a portion of that claim.  This is why it is so important to have a Special Needs Trust Fund set up. This way, the children are protected & your estate is too.

 

Here are the links of some of the information that he provided during the workshop.. Please click on them to learn more...

http://www.metlife.com/individual/life-advice/life-transitions/special-needs-child/index.html?SCOPE=Metlife&MSHiC=65001&L=10&W=child%20dependent%20for%20needs%20or%20other%20planning%20special%20with%20your%20&Pre=%3CFONT%20STYLE%3D%22background%3A%23ffff00%22%3E&Post=%3C/FONT%3E

http://www.metlife.com/business/benefit-products/voluntary-benefits/planning-for-children-with-special-needs/index.html?SCOPE=Metlife&MSHiC=65001&L=10&W=child%20dependent%20for%20needs%20or%20other%20planning%20special%20with%20your%20&Pre=%3CFONT%20STYLE%3D%22background%3A%23ffff00%22%3E&Post=%3C/FONT%3E

Please also attend our May meeting to talk to Mr. Hair personally about your family.  He would love to talk to you.

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