• Special Needs Trust and Estate Planning

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A special needs trust (SNT) is a specialized trust that allows assets to be held on behalf of an income beneficiary who is unable to manage funds due to a mental or physical incapacity.The beneficiary enjoys the use of property that is held in the trust, while at the same time continuing to receive essential government benefits, like Supplemental Security Income (SSI) and Medicaid.However, there are strict regulations regarding disbursements from a SNT that must be followed.This type of trust is also known as a supplemental needs trust.

• FEATURED SPECIAL NEEDS TRUST TIPS

• Getting Your Special Needs Estate and Trust Financial Strategy Done: Who Does What? What's the Process?
  Don't have time to create a financial strategy for your family? Afraid of all the work involved? Do you simply not know where to begin? Here's what it takes to get it done. More...
• Grandparents: Estate and Trust Tips for Planning for Your Grandchildren with Special Needs
  Grandparents want the best for their grandchildren and often give gifts while alive, or make provisions for their loved ones for after they are deceased. Here is a brief summary of some Do's and Don'ts when planning for your loved one with special needs. More...
• Make Sure Your Special Needs Estate and Trust Plan Doesn't Put Your Child at Risk
  Most parents of children with special needs are well versed when it comes to the government benefits like Medicaid or Supplemental Security Income (SSI) that their child receives. More...
• Should I Disinherit a Child with Special Needs?
  Inexperienced or incompetent estate planning attorneys have a bad habit of telling parents of children with special needs to simply write their child out of their estate plan altogether in order to ensure that the child will qualify for government benefits if the parents pass away. More...
• Special Needs Estate and Trust Planning Beyond the Individualized Education Program (IEP) and Age 22
  Caregivers who want to plan for the financial future of their adult dependent over the age of twenty-two who has special needs often have different issues to consider than caregivers of younger dependents. More...
• Take These Three Special Needs Trust and Estate Steps When Your Child Turns 18
  If your child has reached the teenage years, you may already feel as though you are losing control of her life. This is legally true once your child reaches the age of 18 because then the state considers your child to be an adult with the legal right to govern his or her own life. It is mportant to plan for the unexpected and for your child to set up an estate plan that at least includes the following three crucial components. More...
• Special Needs Estate and Trust - Three Essential Documents
  If your child has special needs, a standard estate plan -- will, trust, power of attorney, and health care proxy -- may not be adequate for your family. If your child will not be able to support herself or live independently as an adult, you need to make special provision for her in your estate plan. Here are three must-have documents. More...
• Top 10 Estate and Trust Mistakes Caregivers of Dependents with Special Needs May Make When Planning
  Great tips to help you avoid common mistakes when it come to special neeeds estate and trust planning. More...