In this episode, Andy Rosenberg dives into the critical topic of special needs planning and how a well-intentioned inheritance can unintentionally disqualify a loved one from vital government benefits. Andy explains how a properly structured special needs trust can protect assets, preserve eligibility for Medicaid and SSI, and ensure long-term care and security. He also clarifies the differences between first-party and third-party special needs trusts, the role of trustees, and other essential tools like powers of attorney and guardianships.

00:01 – Show Introduction

01:10 – What Special Needs Planning Means in an Estate Plan

03:42 – How a Special Needs Trust Works

05:00 – The Role of Trustees and Managing Funds

07:10 – Asset and Income Limits for Special Needs Beneficiaries

09:15 – How to Avoid Losing Medicaid and SSI Benefits

11:05 – First-Party vs. Third-Party Special Needs Trusts

15:35 – Planning for Adult Children with Disabilities

17:20 – Powers of Attorney, Guardianship, and Living Wills

18:45 – Using a Pooled Special Needs Trust for Smaller Estates

19:40 – Final Advice on Working with an Experienced Estate Planner

“If You Don’t Plan, You’re Stupid” helps Florida families prepare for the future with clarity and confidence. Each episode features practical insights from Andy Rosenberg on protecting assets, preventing legal complications, and ensuring your loved ones are cared for—no matter their circumstances.