Protection after windfall

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we have a lot of clients who are

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inheriting a large sum of money which is

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the first time that they’ve really had

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money in their life a lot of these

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clients are on programs such as Medicaid

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or SSI and these are government programs

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that will provide medical care that will

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give them a study source of income for

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their life

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and the risk of inheriting a windfall is

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that it puts these clients over an asset

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threshold for eligibility for continuing

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benefits under those programs so it’s

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really important that when someone

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inherits a windfall that they make sure

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to identify any government benefits that

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they’re currently on are they on

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Medicaid are they on SSI if they’re on

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either of those we can protect their

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windfall inheritance by transferring it

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into a Special Needs Trust in that way

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they can keep their windfall and they

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can keep their government benefits at

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the same time