The Estate & Asset Protection Law Firm Owner, Shannon Pawley, Writes About How Inaccurate Language In A Special Needs Trust Can Adversely Affect Those It is Created To Help.
Shannon Pawley, The Estate & Asset Protection Law Firm Owner, clarifies the importance of accurate language in Special Needs Trusts.
DECATUR, GA, May ••, 2024: Shannon Pawley, Owner of The Estate & Asset Protection Law Firm, has posted a new blog on the law firm’s website entitled “The Importance of Special Needs Trust Language In A Will Or Trust When A Spouse Goes Onto Medicaid.” Ms. Pawley acknowledges the complexity of drafting accurate Special Needs Trusts.
Pawley writes, “A special needs trust (SNT) is a legal arrangement that provides support and care for individuals of any age with disabilities.” She continues, “SNT’s can help the disabled individual qualify for programs to assist with medical and long-term care expenses as well as possibly get a monthly income stream from Social Security, even when the individual may have never worked. It is designed to protect the assets of the individual with disabilities while ensuring that their government benefits are preserved.”
As Pawley notes, “Special Needs Trusts are very powerful planning tools.” She goes on to emphasize, “While powerful, these trusts are complex to establish and administer. Special Needs Trusts are often messed up by having an improperly drafted document in which the language is not accurate.” She cautions, “When this happens, your loved one’s needs can be severely and adversely affected.”
The entire blog can be read by CLICKING HERE
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Shannon Pawley has grown her law practice by providing excellent customer satisfaction with personalized wealth protection plans.
About Shannon M. Pawley, J.D., LL.M
As the owner of The Estate & Asset Protection Law Firm, Shannon M. Pawley and her entire team share a passion which focuses on being able to serve the legal needs of retiring individuals. In our firm, WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Born and raised in the Tidewater area of Virginia to a tightknit family with strong military service roots, Shannon learned from an early age the value of hard work and the importance of social awareness to ensure you always leave a situation in a better place than how you entered it. In her junior year of high school, Shannon served as U.S. House of Representatives Page during the 101st United States Congressional Session in Washington, D.C. This experience exposed her to numerous new cultures and worldly issues. Walking away from her experience as a U.S. House of Representative Page, Shannon knew that she wanted to pursue legal studies and be able to assist others in obtaining the best results available in difficult situations.
Shannon earned her undergraduate degree at North Carolina Wesleyan College and pursued a law degree from Michigan State University College of Law. After obtaining her law degree and becoming a licensed attorney in Michigan, she continued her educational pursuit by acquiring a LL.M. (Master of Law) in Taxation from Wayne State University. After moving to Georgia in 2018, Shannon obtained her Georgia law license and has enjoyed being able to pursue her desire of ensuring persons are able to age with dignity, grace and independence.
Looking to find an experienced estate lawyer in the Georgia area who is skilled in asset protection and estate plan preparation? Shannon Pawley is an attorney in Georgia with expertise in estate planning and asset protection. Shannon can provide assistance with creating an estate plan to include making a will and how to establish a trust properly. If you have questions about asset protection or questions about making an estate plan, reach out to Shannon and she will be glad to help answer all the estate planning questions you might have!