Proper Special Needs Planning with Special Needs Trusts – The Arc of Loudoun

Presented by Tia Marsili, Director of Trusts, The Arc of Northern Virginia

Does your adult child with disabilities require Guardianship or Power of Attorney? And what is Supported Decision-Making?

In the morning, Attorneys Elizabeth L. Gray, Virginia C. Haizlip, and Sarah C. Aviles of McCandlish Lillard, P.C. will discuss the different options available for substitute decision-making for adult individuals with disabilities. This includes and overview of guardianships, powers of attorney, advance medical directives, and supported decision-making. The discussion will also include an overview of the various government benefits, such as Medicaid, Supplemental Security Income (SSI), Social Security Disability Income (SSDI, and Childhood Disability Benefits (CDB), different types of Special Needs Trusts used in planning (e.g. first party, third party, and pooled), and ABLE accounts.

In the afternoon, Tia Marsili of The Arc of Northern Virginia will discuss The Arc’s pooled special needs trust programs. The discussion will include explaining pooled special needs trusts, first-party/personal versus third-party/family funded and how each trust works, the fees and costs associated with the trusts, the management role of The Arc, how to request distributions, the role of the beneficiary’s family members in trust matters, income taxes, what assets an go into such a trust, and what happens to the assets at the beneficiary’s death.

Presenters:

This event will feature the following attorneys from McCandlish Lillard’s Trusts & Estates group: Sarah Aviles, Virginia Haizlip and Elizabeth Gray. All three attorneys focus their practices on special needs planning and elder law.

Tia Marsili, Trust Director with The Arc of Northern Virginia, oversees the Trust Department and is the first point of contact for new trusts. She works one-to-one with families and individuals to plan futures and establish Special Needs Trusts.

Lunch will be provided to those who are attending both sessions or attending the second.