Special Needs Trust Lawyers in Salem
Helping Clients Protect Loved Ones with Disabilities in Albany & Keizer
At Johnson & Taylor, our lawyers understand the complex federal and state laws surrounding special needs trusts. Our attorneys help you understand the benefits of special needs trusts and which type will best fit your circumstances.
A Special Needs Trust (SNT) is a financial arrangement that provides support for people with disabilities while preserving their eligibility for government benefits such as Medicare, Medicaid, and SSI. Special needs trusts are usually set up by a parent, guardian, or grandparent and can include multiple assets, such as cash, investments, and real estate.
Thinking of creating a special needs trust in Salem for your loved one? Request a free initial consultation by calling (971) 318-5516. Se habla español.
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Bicycle AccidentTeenager riding bike in or near a construction zone and hit by a vehicle while riding through a crosswalk. Despite an unfavorable witness and the teenager not wearing a helmet, able to work out a great settlement.see more results
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Drunk Driver AccidentTwo couples riding together in a vehicle were struck on the freeway by a drunk driver. All were badly injured. Able to get maximum compensation for all from the at fault driver and from the bar that overserved alcohol, contributing to the driver getting drunk.see more results
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Car Accident
As a result of a car accident, client sustained serious injuries which required costly surgery. Client did not have health insurance to cover additional medical expenses beyond the no-fault provisions of her own policy. The client’s unpaid medical bills were approximately five times greater than the funds available from the liable person’s insurance policy. Through persuasive negotiations with medical providers, we were able to secure offers from the medical providers to substantially reduce or write-off the outstanding balances to enable payment of all medical bills and compensation to client.
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Types of Special Needs Trusts in Oregon
There are several types of special needs trusts, each with its own purposes and requirements. In Oregon, the main types of SNTs include:
- First-Party Special Needs Trust – This type of trust is funded with assets that belong to the person with special needs. These assets often include the proceeds from a personal injury settlement or an inheritance. To establish a first-party trust, the disabled person must be younger than 65 when it is created.
- Third-Party Special Needs Trust – This type of trust is funded with assets that belong to someone else, such as a parent or grandparent. Age restrictions do not apply to a beneficiary of a third-party trust.
All special needs trusts must be carefully drafted. Our lawyers know which language to use to avoid violating strict federal and state rules and regulations governing special needs trusts.
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“I appreciated the time he took with me to explain all the details and to ease my concerns. Also, Myra was very helpful and pleasant. Overall I am very satisfied with their service.”- Dawn S.
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“I recently used Johnson and Taylor, Person Injury and Family Law to assist me in divorce proceedings. Brittany Sumner and her paralegal, Stephanie Kincaid, provided excellent service and expertise. They were quick to respond to questions via email or phone and were able to schedule appointments in a timely manner. I highly recommend this practice and will use them again in the future should I have need for legal representation.”- Natalie R.
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“There was a lot of debt that needed to be sorted out, but they were both confident and positive that things would be straightforward, but were always prepared if things were to become more difficult. They made the process as painless and easy as possible, and were communicative and very patient with me and all of the worries I had. 10 out of 10, I can confidently say that I would happily work with them again if I ever need another divorce”- Margaret C.