Every family’s needs are unique when it comes to estate planning. And at Drug and Alcohol Attorneys, we understand the questions and concerns that arise when passing down your assets to an heir affected by substance abuse and/or mental health issues.
Our estate planning lawyer in Boca Raton has experience working with families impacted by substance abuse and is dedicated to curating a plan around your specific case. We are here to guide you through every step of the process, offer expert advice, and allow you to protect your assets while preparing for your loved one’s future.
Protection and peace of mind are only the starting point of benefits that come with a strategic estate plan. Other noteworthy benefits include:
When passing along your assets to a family member who may be unfit to manage them, you have legal options that protect both parties, including:
Special Needs Trust: Acting in a will or on its own, a special needs trust prevents an heir with a disability from inheriting assets outright. This protects the assets from mismanagement and can potentially disqualify the heir from receiving financial, governmental benefits.
Discretionary Trust: Money is oftentimes a point of concern for families managing substance abuse. A discretionary trust ensures that an addicted heir does not inherit monies that they will use to purchase drugs or alcohol. Instead, the heir is able to receive money through a reliable, independent trustee. Drug testing is typically a part of this process.
Don’t let substance abuse or mental health issues keep you from planning for the future. If you’re looking for trustworthy estate planning lawyers in, look no further than our experienced and dedicated team. For more information on estate planning in Boca Raton, contact us today!
Drug and Alcohol Attorneys is a practice dedicated to providing those with mental health and substance abuse disorders with exemplary legal representation and guidance to the appropriate services for a successful future.
