Law Office of Randy Michel
College Station, TX
979-764-2435 or
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March 2014 Archives

Proposed ABLE Act provides some benefits of special needs trusts

As for anyone reaching the age of majority, legal changes occur when children with special needs turn 18. For those with serious disabilities, one of them may be transitioning from child- to adult-Supplemental Security Income beneficiaries. Unfortunately, many will experience a drop in their standard of living as they move out from under their parents’ financial umbrella.

Alternatives to traditional estate planning

Estate planning may seem like a daunting effort, especially for people who believe that they are not independently wealthy or young enough to have grandchildren. However, the reality is that you do not need to have millions of dollars in assets, or multiple homes to have a plan for how to distribute your assets for when you pass on.

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Law Office of Randy Michel
232 Southwest Parkway East
College Station, TX 77840

Phone: 979-314-2965
Phone: 979-764-2435
Fax: 979-764-2436
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