Have you ever thought what could happen to your special needs child should you and your spouse no longer be around? As long as one of the parents are still alive, your child’s needs and requirements will easily be met. But the moment both are gone, dealing with the continuity requires utmost care and sincerity.
A Special-Needs Trust is a safe place to park assets for your child. It allows the parent to set aside money for their loved ones living with a disability.
In cases where children are not able to inherit and manage the assets on their own, a Special-Needs Trust is the best place to park assets for the benefit of these recipients.
We at Amicorp specialize in all types of Trusts and can assist you in setting up a Special-Needs Trust, and we can manage this for you as a Trustee.
We work closely with the family to understand the child´s needs, and the kind of treatment given to the child. We can assist in coordinating with the family doctors, paying the medical bills, maintaining the child's day-to-day needs, and looking after the assets by working closely with the investment advisory for the benefit of the child.
No one can replace a parent, but we at Amicorp try to do everything that a parent would have done for their child had they been around.
For more information, please contact:
Tariq Aboobaker - t.aboobaker@amicorp.com
Related News
U.S. Trusts and LLCs: A Strategic Solution for Global Families and Investors
When a Latin American family recently sold a commercial property in Florida, their advisors structured the deal through a South Dakota Trust holding a U.S. Limited Liability Company (“LLC”).
Understanding how VCC funds could benefit your structure
Interest in Variable Capital Company (“VCC”) funds continues to grow. Many investors and fund managers are attracted by the risk management benefits they offer, reduced compliance costs and their flexibility, meaning they can be used as a structure to suit many different fund strategies, investor classes and asset classes.
Amicorp Opens Office in Vietnam to Support Southeast Asia Expansion
Amicorp Group is proud to announce the opening of its newest office in Ho Chi Minh City, Vietnam. This strategic development forms part of our broader commitment to expanding integrated support across key Southeast Asian markets, providing clients with on-the-ground expertise in one of the region’s fastest-growing economies.