GMB Episode #125: Estate Planning For Families With Special Needs Children With Tom Sannicandro
Show Notes
[02:54] Tom’s Journey – Tom shares why he switched his legal practice from corporate law to disability law.
[11:48] Asset Protection – Tom shares his perspective on asset protection related to individuals with disabilities.
[18:16] Finding a Trustee – Appointing a trustee for a special needs trust entails a great deal of confidence. Tom stresses the importance of selecting a suitable person to manage the trust.
[21:40] Special Needs Trust – Tom shares how he assists his clients, and what the process for setting up a special needs trust through his website looks like.
[36:08] ABLE Account – Tom discusses the functionality of a ABLE account.
[11:25] Letter of Intent – Tom and Grant discuss the purpose of a Letter of Intent.
[14:09] Medical Support vs. Financial Support – Tom shares his perspective on having an individual assisting with medical decisions simultaneously serving as the trustee.
[16:57] Future Work – Tom shares his future goals, and how he intends to continue serving his clients.