Chayet & Danzo, LLC Chayet & Danzo, LLC
Law Pay

Call for a Free Initial Consultation

Direct 303-872-5980
Toll-Free 888-472-1088
Email Us

After careful review of the orders of Governor Polis and the Order of March 25, 2020 by the Tri-County Health Department, which has authority over Arapahoe County, the law firm of Chayet & Danzo, LLC, will not be conducting in-person appointments in our offices until April 20, 2020, or until such date as the restrictions of the Governor and Tri-County Order are lifted.

During this time, our team will continue to diligently work remotely on all client matters and will maintain communication through email, telephone, and video conferencing. Our main office number, (303) 355-8500 will continue to be answered during our normal business hours of 8:00 a.m. to 5 p.m Monday through Thursday and 8:00 a.m. to 4:00 p.m. on Fridays. We will also respond to e-mails as soon as we can.

This decision is not only required by the orders of our public officials, but is in the best interest and health of our team, clients, and community.

We will be accepting new clients during this period as well as fully servicing our existing clients.

We wish you and your family continued health during these unique and challenging times.

Compassion, talent and dedication: guiding colorado families and Their Trusted Advisors During Times of Need

Why hire a lawyer to create a special needs trust?

All parents want what is best for their children, and estate plans are often created with this goal in mind. For parents of disabled children, this need is especially pressing – most will want to ensure that their child’s quality of life will not be compromised after they die, especially if the child cannot fully support him or herself through employment.

In Colorado, parents can set up a Special Needs Trust to provide for the lifetime needs of a disabled child. However, because the stakes are so high, it is important that parents work with an experienced Colorado estate planning lawyer to create the trust. It would be a tragedy if the trust failed after the parents’ death and left the disabled child without the financial support he or she needs

What is a Special Needs Trust?

In short, a Special Needs Trust is a trust that is uniquely designed to provide for the long-term needs of a disabled person. Special Needs Trusts maintain eligibility for public benefits programs such as Medicaid and SSI, while providing additional income for expenses such as housing, recreation, education and other quality-of-life items.

It is not just parents who can set up Special Needs Trusts. Anyone can use this tool to provide for a disabled or ailing loved one.

Why hire an attorney?

Special Needs Trusts are complex, and as such, it is critical that they are created with the help of an experienced attorney. Mistakes in creation can result in loss of income or benefits for the disabled person down the road. This can be especially problematic if there are no other family members around to look after the disabled person’s needs. An experienced attorney can avoid these mistakes, and ensure your loved one is taken care of.

In addition, trust funds have to be managed by a trustee. This might be a corporation, a financial advisor or a family member. An experienced attorney can help select a trustee who will manage the trust responsibly and ethically. In addition, the attorney can ensure that the trust is set up in a way that maximizes clarity and minimizes risk.

If you’re wondering about how to care for a disabled loved one after you pass away, talk to a Colorado estate planning attorney to get started.

No Comments

Leave a comment
Comment Information

Watch Our Firm Video

We are the premier Elder Law firm in the Colorado region. We set ourselves apart from other law firms in the area with our talent, dedication, compassion and ability of our attorneys to handle any case in Elder Law. We serve Colorado families with experience and dignity in your time of need.

View More Videos

Denver Office
650 S.Cherry St., Suite 710
Denver, CO 80246

Toll Free: 1-888-472-1088
Phone: 303-872-5980
Fax: 303-355-8501
Denver Law Office Map

Edwards Office
105 Edwards Village Blvd.
Edwards, CO 81632

Toll Free: 888-472-1088
Toll Free: 1-888-472-1088
Fax: 303-355-8501
Edwards Law Office Map

Aspen Office
600 East Hopkins Avenue
Suite 301
Aspen, CO 81611

Toll Free: 888-472-1088
Toll Free: 1-888-472-1088
Fax: 303-355-8501
Aspen Law Office Map

  • Rated by Super Lawyers Macro Chayet
  • Rated by Super Lawyers Frank J. Danzo, III
  • Member National Academy of Elder Law Attorneys, Inc. TM
  • Avvo Rating 10.0 Superb Top Attorney Elder Law
  • 2015 Five Star Professional Wealth Manager Multi-Year Winner
  • Our new 2015 Medicaid Book: how to protect your Family's Assets from devastating nursing home costs
  • Proud Sponsor 2015-Denver Colorado Senior Law Day
  • Peer Review Rated For Ethical standards & Legal Ability TM Martindale Hubbell
  • Haystack