Special Needs Trusts

Leaving money to disabled relatives is honorable, but can be tricky. Without the proper planning, your loved ones may lose their means tested governmental benefits and be left without a financial safety net. But with WILLIAM BRYCE LEVANTI, ATTORNEY AT LAW, you don't have to worry.  Mr. Levanti aims to help disabled people get their inheritance while keeping their government assistance.


Special Needs Trusts, ABLE Account

Special Needs Trusts

For many disabled people, medical benefits and supplemental security income are incredibly important. But when they come into money — via an inheritance, prize winning, or back pay from social security — their benefits may be at risk.

Under the Social Security Administration’s rules, a disabled person will only be able to qualify for Supplemental Security Income and medical coverage if non-exempt resources do not exceed $2,000.00.  In order to avoid the government terminating these means tested benefits, Mr. Levanti works with his clients to establish special needs trusts in order to shelter the excess money while allowing them to continue collecting means tested benefits from the government.  Also, Mr. Levanti has experience establishing ABLE accounts for his disabled clients.  ABLE accounts allow disabled individuals to build up a savings.  ABLE accounts can hold up to $100,000.00 for the disabled person’s use while still maintaining means tested government benefits. 


Contact

Phone
(618) 200-4242

Hours of Operation
Monday – Friday: 9:00 a.m. – 5:00 p.m.

Address
106 W Washington St #200
Benton, IL 62812

Mailing Address
PO Box 600
West Frankfort, IL 62896

Service Area
Based in Benton & Serving All of Southern IL

Follow
Facebook Icon