Special considerations for special needs children

If you have a child with special needs, you probably worry about what will happen to him or her after you are gone. Government assistance like Supplementary Security Income and Medicaid may be available for those who qualify, but what about day-to-day care or therapeutic and educational services they may need?

A special needs trust may be the answer you’re looking for. We can help you set up a trust to provide the financial resources your child needs to enjoy a good quality of life while preserving their ability to qualify for important government benefits. And you can appoint a trustee to help ensure the assets in that trust are managed and distributed according to the best interests of your child—in line with your specific instructions, as outlined in the trust.

Learn more

If you have a special needs child or are interested in learning more about special needs trusts, please contact us today. We’d love to discuss how we can help you and your loved ones prepare for the future.

Let's start the conversation

If you want to discuss your portfolio or have financial questions, please fill out the below form.

To protect your privacy, we ask that you not send any confidential information, such as bank account numbers, credit card information or account details, through this contact us form.

*Required fields
Disclosures

Trust services are provided by third parties. RBC Wealth Management and/or your financial advisor may receive compensation in connection with offering or referring these services. Neither RBC Wealth Management nor its financial advisors are able to serve as trustee. RBC Wealth Management does not provide tax or legal advice. All decisions regarding the tax or legal implications of your investments should be made in connection with your independent tax or legal advisor.

David Moskovitz, NMLS # 2067981, and Heather Reed, NMLS # 2310678 through City National Bank, may receive compensation from RBC Wealth Management for referring customers to City National Bank. Banking products and services are offered or issued by City National Bank, an affiliate of RBC Wealth Management, a division of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC and are subject to City National Banks terms and conditions. Products and services offered through City National Bank are not insured by SIPC. City National Bank Member FDIC.

Investment products offered through RBC Wealth Management are not FDIC insured, are not guaranteed by City National Bank and may lose value.