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What are the advantages of a special needs trust? Special needs trusts are designed to enhance the quality of life of a person with a disability by maximizing the resources available to them. It preserves eligibility for Supplementary Security Income (SSI) and Medicaid (which pay for food, shelter, and medical care but little else). If you have an estate plan in place, the probability of circumstances changing over the course of time is high. While it can be a difficult subject to approach, putting plans in place for what will happen to your assets and belongings after you pass away is crucial for the loved ones you’ll leave behind. What debts Cannot be discharged? Debts from fraud.Certain debts for luxury goods or services bought 90 days before filing.Certain cash advances taken within 70 days after filing.Debts from willful and malicious acts.Debts from embezzlement, theft, or breach of fiduciary duty. If the state where the deceased person lived has adopted a set of laws called the Uniform Probate Code, probate should be pretty straightforward. Lively Trust Lawyer is Escondido Probate Law 720 N Broadway #107, Escondido, CA 92025. Bright Escondido Special Needs Attorneys. How many times can you file bankruptcy? During your lifetime, you can file for bankruptcy protection as many times as you need it. There is no limit to how many times you can file, but there are time limits between filing dates. You could file but not receive any debt discharge in some cases, so you need to be careful.
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Escondido Probate Law720 N. Broadway, #107 Escondido, CA 92025
(951) 582-3800
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