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I am helping my sister in Colorado with this. She has a

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I am helping my sister...
I am helping my sister in Colorado with this. She has a mentally handicapped daughter, age 48. She is worried about how the daughter will be taken care of if the mother dies.
Submitted: 2 years ago.Category: Estate Law
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Answered in 1 minute by:
11/10/2015
Estate Lawyer: Infolawyer, Attorney replied 2 years ago
Infolawyer
Infolawyer, Attorney
Category: Estate Law
Satisfied Customers: 59,022
Experience: Licensed attorney helping individuals and businesses.
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You have a few options here

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Estate Lawyer: Infolawyer, Attorney replied 2 years ago

You can set up a trust and have someone serve as trustee

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Estate Lawyer: Infolawyer, Attorney replied 2 years ago

This is called a special needs trust or an irrevocable trust and can be done by local trusts and estates lawyer

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Estate Lawyer: Infolawyer, Attorney replied 2 years ago

That is the better option to consider in addition to a custodian bank account and insurance.

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Estate Lawyer: Infolawyer, Attorney replied 2 years ago

Let me know if that is fast and clear.

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Estate Lawyer: Infolawyer, Attorney replied 2 years ago

waiting for your reply.

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Thomas McJD
Thomas McJD
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