Have you ever thought about how to ensure that your loved ones with disabilities are taken care of when you are no longer there for them? This is where a Special Needs Trust comes in handy. It is a crucial financial tool that helps ensure that people with special needs continue to receive the necessary care and support throughout their lifetime. But, what exactly is a Special Needs Trust, and how can it benefit your loved ones? The following Special Needs Trust FAQ s will help you
In this article, we will answer some of the most frequently asked questions about Special Needs Trusts to help you understand the importance of this trust and how it can help your loved ones.
In short, a Special Needs Trust is a type of trust designed to provide financial support to individuals with disabilities while preserving their eligibility for government benefits such as Supplemental Security Income (SSI) and Medicaid. These trusts are managed by a trustee and are designed to supplement, not replace government benefits.
A Special Needs Trust can provide funds for various expenses such as housing, medical care, and education that are not covered by government benefits. By creating a Special Needs Trust, you can ensure that your loved one’s quality of life is not compromised due to financial constraints.
New Rules For A Special Needs Trust SNT For Disability (2023)
Now that you know what a Special Needs Trust is, you may be wondering how to set one up and what steps are involved. In this article, we will delve deeper into the world of Special Needs Trusts and answer some of the most commonly asked questions. We will also provide insights and tips from experts in the field to help you make informed decisions about your loved one’s future. So, let’s dive in and explore the world of Special Needs Trusts together!
Special Needs Trust FAQ: Frequently Asked Questions
How Does a Special Needs Trust Work?
A Special Needs Trust is a legal way to provide financial support for someone with a disability or chronic illness without affecting their public assistance benefits, like Medicaid or SSI. The trust is set up by a parent, guardian, or anyone who wants to help, and is managed by a trustee who makes decisions about how to use the funds for the beneficiary’s benefit.
There are two types of Special Needs Trusts: first-party trusts and third-party trusts. A first-party trust is funded with the beneficiary’s assets, like an inheritance, while a third-party trust is funded with someone else’s assets, like a parent’s gift or bequest.
The trust can pay for things like medical care, education, and recreation, but not food or shelter expenses that would reduce the beneficiary’s SSI benefit. Setting up and managing a Special Needs Trust can be complex, so it’s important to consult with an experienced attorney.
How To Setup a Special Needs Trust
Setting up a Special Needs Trust can be complex, so it’s important to work with an experienced attorney who can help you create and administer the trust in accordance with your goals and needs.
1) To get started, you’ll need to choose the type of trust that best fits your situation – a first-party trust or a third-party trust.
2) You’ll also need to choose a trustee who will manage the trust and make decisions about how to use the funds for the benefit of the beneficiary.
3) It’s important to carefully consider your choice of trustee and to have a backup plan in case the trustee is no longer able to serve.
4) Finally, you’ll need to fund the trust with assets, which can be a complex process that requires the assistance of an attorney.
What Are The Disadvantages of a Special Needs Trust?
Here are the cons of setting up a Special Needs Trust in a nutshell:
Cons:
> Can be expensive, with fees ranging from 1-3% of the assets.
> The beneficiary does not have direct access or control over the funds in the trust, which can be frustrating.
> Depending on how the trust is funded and used, the beneficiary may still lose their eligibility for SSI or Medicaid.
> Does not offer any tax advantages for the grantor or the beneficiary.
> May face uncertainty due to changes in laws, regulations, or policies that affect public assistance programs or trusts.
Why Should You Not Do a Special Needs Trust?
Some possible reasons why you may not want to do a Special Needs Trust are:
> You do not have a person with special needs in your family or circle of friends who could benefit from the trust.
> You do not have enough assets or income to fund the trust and pay for the annual fees and taxes associated with the trust.
> You prefer to give your assets directly to the person with special needs or to another person or organization who can take care of their needs.
> You are confident that the person with special needs will always qualify for and receive adequate public assistance benefits without the need for supplemental support from the trust.
> You are concerned about the loss of independence, control, or flexibility that the trust may impose on the beneficiary or yourself.
How Much Does a Special Needs Trust Cost?
> The average cost to set up a trust is about $3,000 dollars, but it can range from $2,000 to $5,000 or more depending on the circ*mstances.
> The cost of funding the trust depends on the amount of money or property needed to provide for the beneficiary’s supplemental needs. It can range from tens of thousands to millions of dollars depending on the type and severity of the disability and the level of care required2.
> The annual fees for maintaining and administering the trust can range from 1-3% of the assets. This can include fees for the trustee, the attorney, the accountant, and other professionals involved in managing the trust.
> The trust may also incur taxes on any income generated by the trust assets, and the beneficiary may have to pay income tax on any distributions received from the trust.
What Expenses Can Be Paid From a Special Needs Trust? What can a special needs trust pay for?
> A Special Needs Trust (SNT) can provide financial support to a person with special needs without affecting their eligibility for public assistance programs, such as Supplemental Security Income (SSI).
> However, if the SNT pays for any expenses related to food or shelter for the beneficiary, such as a third-party trust, then those payments are considered in-kind support and maintenance (ISM) and may reduce the SSI benefit by up to one-third of the federal benefit rate.
Medical and dental care not paid by other sources, such as copayments, deductibles, prescriptions, therapies, equipment, and supplies.
Private rehabilitation training, services or devices, such as physical therapy, occupational therapy, speech therapy, vocational training, assistive technology, and adaptive equipment.
Supplementary education assistance, such as tuition, books, supplies, tutoring, and special education services.
Entertainment and hobbies, such as movies, concerts, sports, games, arts and crafts, music lessons, and subscriptions.
Transportation, such as car payments, insurance, maintenance, gas, public transit fares, and taxi services.
Personal property and services, such as clothing, furniture, appliances, electronics, personal care products, grooming services, and housekeeping services
What Can a Special Needs Trust NOT Pay For?
Food or shelter expenses: A Special Needs Trust cannot pay for food, rent, mortgage, property taxes, or utilities for the beneficiary. These expenses are considered basic needs that are already covered by public assistance programs such as SSI and Medicaid.
Cash gifts or loans: The trust cannot make cash gifts or loans to the beneficiary, as this could affect their eligibility for public assistance programs.
Services covered by public assistance: If a service or item is already covered by a public assistance program, the trust cannot pay for it. For example, if Medicaid covers the cost of a wheelchair, the trust cannot pay for a separate wheelchair.
Payments to family members: Trust funds cannot be used to pay family members for services unless they are reasonable and necessary.
How To Open a Special Needs Trust Bank Account?
1) Choose a trustee: The trustee is the person or entity who manages the trust assets and makes distributions according to the trust’s terms. Choose someone who is trustworthy, financially responsible, and familiar with the needs of the beneficiary.
2) Obtain the necessary legal documents: You will need to provide the bank with a copy of the trust document and any other legal documents related to the trust.
3) Choose a bank: Look for a bank that has experience with Special Needs Trusts and offers services that meet your needs.
4) Schedule an appointment: Contact the bank to schedule an appointment to open the account.
5) Provide identification: The trustee will need to provide identification, such as a driver’s license or passport, to the bank.
6) Provide trust documents: The trustee will need to provide the bank with a copy of the trust document and any other legal documents related to the trust.
7) Sign account documents: The trustee will need to sign the account documents, such as the account application and signature card.
How To Fund a Special Needs Trust?
8) Fund the account: The trustee will need to transfer funds into the account. It is important to make sure that the funds are properly titled in the name of the trust.
9) Review account features: Make sure to review the account features and services with the bank representative, such as online banking, bill payment, and account statements.
10) Manage the account: The trustee will be responsible for managing the account and making distributions according to the trust’s terms. It is important to keep accurate records and follow the guidelines of the trust and any applicable laws and regulations.
Can a Special Needs Trust Own a House?
Yes, a Special Needs Trust can own a house, but it’s important to set it up properly to avoid impacting SSI benefits. If the house is owned by a first-party trust, it may affect the SSI benefit and may have to repay Medicaid after the beneficiary’s death.
If the house is owned by a third-party trust, it does not affect the SSI benefit, but payments for food or shelter may reduce it. An experienced attorney can help you set up and manage the trust to minimize risks and maximize benefits for your loved one.
Can a Special Needs Trust Pay Rent?
A Special Needs Trust can pay rent for the beneficiary, but it may have some negative consequences for the beneficiary’s SSI benefit. Some possible bullet points that may explain why are:
> Rent payments are considered income to the beneficiary. When the trustee of a Special Needs Trust pays for the beneficiary’s food or shelter, the amount paid is considered income to the beneficiary. This is also known as in-kind support and maintenance (ISM).
> Income reduces the SSI benefit. If the beneficiary receives any income, including ISM, their SSI benefit will be reduced by the amount of income they receive, up to one-third of the federal benefit rate1. For example, if the federal benefit rate is $914 per month, and the trust pays $300 per month for rent, then the beneficiary’s SSI benefit may be reduced by $300 per month1.
> Rent payments may not be worth the SSI reduction. Depending on the amount of rent and the value of SSI, it may not make sense to use the trust funds to pay rent.
For example, if the rent is $600 per month, and the SSI benefit is $914 per month, then paying rent from the trust may reduce the SSI benefit by $600 per month, leaving only $314 per month for other expenses. In this case, it may be better to use the trust funds for other purposes and pay rent from another source or find a cheaper housing option.
Can a Special Needs Trust Pay a Caregiver?
> A Special Needs Trust can pay for goods and services that benefit the beneficiary without affecting their eligibility for public assistance programs like SSI and Medicaid.
> A caregiver can be paid from a Special Needs Trust as long as the caregiver’s services are related to the beneficiary’s disability and are not already covered by public assistance programs.
> The payments made to the caregiver must be reasonable and at market rates. The trustee must keep documentation of the caregiver’s services and the payments made to them.
> If the caregiver is a family member, the payments should be structured as employment wages rather than gifts to avoid any potential gift tax implications.
> It’s essential to consult with a qualified attorney and accountant before making any payments to a caregiver to ensure compliance with applicable laws and regulations.
Is a Special Needs Trust Revocable?
The answer depends on the type of Special Needs Trust and the terms of the trust document.
> A First-Party Special Needs Trust, which is funded with the beneficiary’s assets, must be irrevocable because it is subject to Medicaid payback. This means that the state can claim any remaining funds in the trust after the beneficiary’s death to reimburse for medical expenses paid on their behalf.
> A Third-Party Special Needs Trust , which is funded with assets that belong to someone else, can be revocable or irrevocable depending on the grantor’s preference.
A revocable trust can be changed or revoked by the grantor at any time, while an irrevocable trust cannot be changed or revoked by anyone. A revocable trust may offer more flexibility and control to the grantor, while an irrevocable trust may offer more protection and tax benefits to the beneficiary.
> A Pooled Special Needs Trust, which is managed by a non-profit organization, is usually irrevocable because it may be subject to Medicaid payback. However, some pooled trusts may allow transfers to other pooled trusts under certain circ*mstances.
It’s important to consult with an experienced attorney to determine whether a Special Needs Trust is revocable or not and how to plan accordingly, as each case may have different circ*mstances and requirements.
Are Special Needs Trusts Irrevocable? Is a special needstrust irrevocable?
> A special needs trust can be revocable or irrevocable, depending on how it is set up.
> If the trust is revocable, the grantor has the power to modify or terminate the trust at any time during their lifetime.
> If the trust is irrevocable, the grantor cannot modify or terminate the trust once it is established, unless certain conditions specified in the trust agreement are met.
> An irrevocable special needs trust is often preferred because it provides more protection for the beneficiary’s assets and ensures that they will be used for their intended purpose.
What Happens To a Special Needs Trust At Death?
> The type of Special Needs Trust and the terms of the trust document determine what happens to the trust at the beneficiary’s death.
> First-party Special Needs Trusts are subject to Medicaid payback, and any leftover funds can be claimed by the state to reimburse for medical expenses paid on behalf of the beneficiary. If any funds remain after Medicaid payback, they will be distributed according to the trust document or the beneficiary’s will.
> Third-party Special Needs Trusts are not subject to Medicaid payback, and any remaining funds will be distributed according to the trust document or the grantor’s will. The grantor can name other beneficiaries or heirs to receive any leftover funds.
> Pooled Special Needs Trusts may or may not be subject to Medicaid payback, depending on the state and the terms of the trust. If there are any remaining assets after Medicaid payback, they may be retained by the non-profit organization managing the trust or distributed according to the trust document or the beneficiary’s will.
* It’s important to consult with an experienced attorney to understand what will happen to a Special Needs Trust at death and plan accordingly.
How To Terminate a Special Needs Trust?
How To Dissolve a Special Needs Trust? To terminate or dissolve a Special Needs Trust, the trustee or the court may need to file a petition or motion and obtain a court order to approve the termination or dissolution.
> The reasons for terminating or dissolving a Special Needs Trust may vary, but typically, it involves a change in the beneficiary’s circ*mstances, such as the beneficiary’s death, no longer being eligible for public benefits, or no longer needing the trust’s assets for their care.
> Before terminating or dissolving a Special Needs Trust, it is important to consult with an attorney who can advise you on the best course of action and help you comply with any legal and financial requirements.
> Once the trust is terminated or dissolved, the trustee should distribute the remaining trust assets to the beneficiary or to another person or entity as directed by the court order or the trust document.
> It is important to keep accurate records of all the transactions and activities related to the termination or dissolution of the trust to avoid any legal or financial issues.
How Is a Special Needs Trust Taxed? Are Special Needs Trusts Taxable?
Do special needs trusts pay taxes? Special Needs Trusts are taxed differently depending on the type of trust and the source of the funds.
> A Third-Party Special Needs Trust is not taxed on the income generated by the trust assets, as long as the income is used solely for the benefit of the beneficiary.
> A First-Party Special Needs Trust is subject to income tax on the income generated by the trust assets, but it may be able to take advantage of certain tax deductions and exemptions.
> A Pooled Special Needs Trust may be subject to income tax, but the tax liability is usually shared among the beneficiaries in proportion to their share of the trust assets.
* It is important to consult with a qualified tax professional who is familiar with the tax laws and regulations governing Special Needs Trusts to ensure compliance with the tax requirements and to optimize the tax benefits for the beneficiary.
Does a Special Needs Trust Need a Tax ID Number?
Does a special needs trust need an EIN? Yes, a Special Needs Trust (SNT) needs a Tax ID Number or Employer Identification Number (EIN) in order to file taxes and open a bank account.
> An EIN is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to identify a business entity, including trusts.
> The trustee of the SNT can apply for an EIN online on the IRS website or by mail by filling out Form SS-4.
> When applying for an EIN, the trustee will need to provide information about the SNT, such as the name, type of trust, and date of creation.
> It is important to note that a Special Needs Trust may have to file taxes if it has income that exceeds certain thresholds, even though it is tax-exempt in most cases.
> The trustee should consult with a tax professional to determine whether the SNT needs to file taxes and to ensure compliance with tax laws and regulations.
* Remember, these are just general guidelines and each case may have unique circ*mstances that need to be addressed. It is always best to consult with an experienced attorney or tax professional to ensure proper handling of a Special Needs Trust.
Can a Special Needs Trust Pay For Property Taxes?
Yes, a Special Needs Trust may be able to pay for property taxes on a home or other property owned by the beneficiary. This may depend on the terms of the trust document and the laws of the state where the property is located.
– Generally, a Special Needs Trust is set up to provide for the beneficiary’s supplemental needs and maintain eligibility for government benefits such as Medicaid.
– Property taxes may be considered a necessary expense for maintaining the beneficiary’s home, which is a primary residence and exempt asset for Medicaid purposes.
* It is important to consult with an experienced attorney who can help you understand the rules and limitations of using a Special Needs Trust to pay for property taxes.
Can a Special Needs Trust pay For utilities?
Yes, a Special Needs Trust can pay for utilities as long as it is done in a way that does not interfere with the beneficiary’s eligibility for government benefits. Utility payments can be considered allowable expenses if they are considered reasonable and necessary for the beneficiary’s health, safety, and welfare.
– However, it is important to note that the rules regarding what expenses are allowable may vary depending on the type of trust and the terms of the trust document.
– Therefore, it is always a good idea to consult with an experienced attorney who can provide guidance on how to manage the trust funds in a way that complies with the applicable laws and regulations.
Can a Special Needs Trust Pay For housing?
Yes, a special needs trust can pay for housing expenses for the beneficiary as long as it is done in a way that complies with the rules and regulations of the trust and relevant government programs such as Medicaid. Some possible housing expenses that a special needs trust may cover include:
> Rent or mortgage payments for a home or apartment that the beneficiary lives in
> Property taxes and insurance for the home
> Maintenance and repairs for the home, such as plumbing, electrical, or structural repairs
> Home modifications that are necessary for the beneficiary’s safety and well-being, such as wheelchair ramps or accessible bathroom fixtures
* It is important to note that the trustee of the special needs trust must carefully consider the rules and limitations of the trust and government programs, and work with an attorney and financial advisor to make sure that the payments are made in a way that maximizes the benefits for the beneficiary while avoiding any penalties or disqualifications from government programs.
Can a Special Needs Trust Contribute to an Able Account?
Can a special needs trust fund an ABLE account? An ABLE account is a tax-advantaged savings account for individuals with disabilities, and it is designed to work in conjunction with public benefits, such as Medicaid and Supplemental Security Income (SSI).
> Contributions to an ABLE account must be made in cash, so if the special needs trust holds assets that are not cash (e.g., real estate, stocks, or mutual funds), those assets would need to be sold or liquidated first to generate cash for the contribution to the ABLE account.
> If the special needs trust is a first-party trust (funded with the beneficiary’s assets), there are restrictions on the amount that can be contributed to the ABLE account. The annual contribution limit for a first-party special needs trust is the annual gift tax exclusion amount (currently $15,000), minus any other gifts made to the beneficiary during the year.
> If the special needs trust is a third-party trust (funded with someone else’s assets), there are no restrictions on the amount that can be contributed to the ABLE account, as long as the trust document allows for it and the contribution does not violate the trust’s terms or the beneficiary’s eligibility for public benefits.
> It is important to consult with an experienced attorney who can help you understand how a special needs trust can contribute to an ABLE account and how to plan accordingly.
Can a Special Needs Trust Purchase Life Insurance?
Yes, a special needs trust can purchase life insurance on behalf of the trust beneficiary, but there are some important considerations to keep in mind.
> The life insurance policy must be owned by the trust, not the beneficiary or anyone else.
> The trust must be named as the beneficiary of the life insurance policy, and the beneficiary should not be named as a direct beneficiary.
> The trustee of the special needs trust must manage the life insurance policy and ensure that it does not disqualify the beneficiary from receiving government benefits.
> Depending on the type of special needs trust and the terms of the policy, the life insurance proceeds may be subject to Medicaid payback or estate recovery after the beneficiary’s death.
> It is important to consult with an experienced attorney and financial planner who can help you navigate the complexities of purchasing life insurance for a special needs trust and ensure that it aligns with your overall estate planning goals.
How Do I Setup a Special Needs Trust?
How To Draft a Special Needs Trust?
Identify the type of trust that meets your needs. There are different types of Special Needs Trusts, such as first-party, third-party, and pooled trusts, each with their own requirements and advantages. Consult with an experienced attorney who can help you understand which type of trust may be appropriate for your situation.
Choose the trustee and successor trustees. The trustee is the person or institution responsible for managing the trust assets and making distributions to the beneficiary according to the terms of the trust. It is important to choose a trustee who has experience and knowledge in managing special needs trusts and who can act in the best interest of the beneficiary. It is also advisable to name one or more successor trustees in case the original trustee becomes unable or unwilling to serve.
Draft the trust document. The trust document is the legal agreement that sets out the terms and conditions of the trust, including the identity of the trustee, the beneficiary, the purpose of the trust, the rules for making distributions, and the contingencies for termination or modification of the trust. The trust document should be drafted by an attorney who is knowledgeable about special needs trusts and who can customize it to fit your specific needs and goals.
Fund the trust. Once the trust document is drafted and signed, it is important to fund the trust with assets that will be used to provide for the beneficiary’s needs. The assets can be contributed by the grantor (the person who creates and funds the trust), transferred from an existing trust, or inherited by the beneficiary. It is important to ensure that the assets are titled in the name of the trust and that the trustee has the legal authority to manage them.
Manage the trust. After the trust is funded, the trustee is responsible for managing the assets, making distributions to the beneficiary, and filing tax returns and accountings as required by law. It is important to monitor the trust regularly and review its terms and performance periodically to ensure that it continues to meet the beneficiary’s needs and objectives.
Do It Yourself Special Needs Trust Forms
It is not recommended to use Do-It-Yourself (DIY) forms for setting up a special needs trust. Special needs trusts are complex legal documents that require careful consideration of many factors, such as the beneficiary’s needs, the source of the funds, the type of trust, the tax implications, and the state and federal laws governing trusts and public benefits. A DIY form may not take into account all of these factors, and may not be tailored to the specific needs of the beneficiary and the grantor.
Instead, it is highly recommended to seek the assistance of an experienced attorney who specializes in special needs planning. The attorney can help draft a special needs trust that meets the unique needs of the beneficiary and complies with all the legal requirements. The attorney can also provide guidance on funding the trust, managing the trust assets, and ensuring that the trust does not affect the beneficiary’s eligibility for public benefits.
There are some resources available online that can provide general information about special needs trusts and special needs planning. Some examples are:
The Special Needs Alliance: a national organization of attorneys who specialize in special needs planning, provides information and resources on their website, including a directory of member attorneys by state.
The National Disability Institute: a non-profit organization that promotes financial stability and economic empowerment for people with disabilities, provides information and resources on their website, including a guide on special needs trusts and a list of resources by state.
The Arc: a national organization that advocates for the rights and inclusion of people with intellectual and developmental disabilities, provides information and resources on their website, including a guide on special needs trusts and a directory of local chapters.
Create a Free Special Needs Trust Through Rocket Lawyer
*Remember, it is always best to seek the advice and assistance of an experienced attorney who can provide legal guidance tailored to your specific situation.
How To File Taxes For a Special Needs Trust?
Here are some key points to consider when filing taxes for a special needs trust:
Type of trust. The type of special needs trust you have will determine how it is taxed. First-party special needs trusts are generally considered grantor trusts, which means that the beneficiary is responsible for reporting the income and paying the taxes. Third-party special needs trusts are separate taxable entities, which means that the trust itself is responsible for reporting the income and paying the taxes.
Taxable income. The taxable income of the trust includes any interest, dividends, capital gains, rental income, or other income earned by the trust during the tax year. This income must be reported on Form 1041, which is the tax return for estates and trusts.
Deductions. The trust may be able to deduct certain expenses, such as trustee fees, attorney fees, and accounting fees. These deductions can help reduce the trust’s taxable income.
Tax rates. The tax rates for trusts are different from the tax rates for individuals.
Tax return due date. The tax return for a special needs trust is due on April 15th, unless an extension is requested. If the trust receives income of $600 or more during the year, it will also need to issue a Form 1099 to each beneficiary who received a distribution from the trust.
* It is important to consult with a tax professional or an attorney who is knowledgeable in special needs trust taxation to ensure that you are complying with all applicable laws and regulations.
How To Find a Trustee For a Special Needs Trust?
Finding the right trustee for a special needs trust is a critical decision, as the trustee will have a significant role in managing the trust and ensuring that the beneficiary’s needs are met.
Some possible ways to find a trustee for a special needs trust include:
1) Asking family members or friends who may be suitable and willing to serve as a trustee. It’s important to consider their financial expertise, availability, and willingness to carry out the duties and responsibilities of a trustee.
2) Consulting with an attorney who specializes in special needs planning. They may have experience working with trustees and be able to recommend someone who is qualified and reliable.
3) Hiring a professional trustee, such as a bank or trust company, that specializes in managing special needs trusts. This option may provide expertise and experience in managing trusts, but it may come at a higher cost.
When selecting a trustee, it’s important to consider factors such as their integrity, financial responsibility, and commitment to the beneficiary’s well-being. It’s also important to have clear communication and documentation of the trustee’s responsibilities and expectations to ensure that the trust is managed appropriately.
Disclaimer
It’s important to keep in mind that I’m not a lawyer or accountant, and the information I’ve provided in this article is intended solely for informational purposes. While I hope it’s been helpful in addressing some of your questions about special needs trusts, it’s important to remember that every situation is unique, and it’s always best to seek out the advice of a professional who can provide tailored guidance.
So, if you’re considering setting up a special needs trust or have questions about managing an existing trust, be sure to consult with a qualified attorney or financial advisor who can help you navigate the complexities of these important legal tools.
Conclusion
In conclusion, setting up a Special Needs Trust can be a vital step towards securing the future of your loved ones with special needs. It offers peace of mind knowing that your hard-earned assets will be utilized to provide for their long-term care and support.
However, we understand that you may have some questions about Special Needs Trusts. To help you out, we’ve compiled a list of Frequently Asked Questions (FAQs) that address common concerns and queries regarding this topic.
Do you have any other questions or concerns about Special Needs Trusts that were not covered in our FAQs? Feel free to reach out to us and we’ll be happy to help!
- Sharing the article with your friends on social media – and like and follow us there as well.
- Sign up for the FREE personal finance newsletter, and never miss anything again.
- Take a look around the site for other articles that you may enjoy.
Note: The content provided in this article is for informational purposes only and should not be considered as financial or legal advice. Consult with a professional advisor or accountant for personalized guidance.
