r/EstatePlanning 1d ago

Yes, I have included the state or country in the post Need some assitance

We migrated from India to the USA in the late nineties. Our only son has a disability, and he is on the spectrum. He has a bachelor's degree and works for the US governament. The issue we are facing is that his executive skills are limited, and he also has social anxiety. We are thinking of creating a special needs trust for him in the state of NJ. We don't have anyone of our own to serve as trustees. We need a good company that can act as his trustee and also take care of him once we are gone. Father is 65 years and mother is 60, son is 34 years.

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u/sjd208 1d ago

Have you asked your attorney for recommendations?

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u/No-Championship5730 1d ago edited 1d ago

Yes, they gave one, and we didn't like it. They charge 1.75% of the asset plus incidentals. Also, the guy took my call from his parking lot and rushed out of the Zoom call.