Peretz Quoted in NYMetroParentsApril 3, 2019 |
Michelle Peretz was quoted in a NYMetroParents article, “How to Plan For Your Child With Special Need’s Future.”
“Setting up an SNT for the benefit of the child with special needs is vital,” said Peretz.
“By utilizing a special needs trust, you can protect the assets from claims and creditors, while retaining the disabled child’s eligibility for government services. Then the funds are used to pay expenses,” Peretz says. “Note, though, that the money in the trust cannot be given outright to the beneficiary, but [only] be used to pay expenses on their behalf.”
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