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When is a Trust a Special Needs Trust? by Janet L. Lowder
Hickman & Lowder Co., L.P.A. - Cleveland Office
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August 23, 2010
"Special Needs Trust" (SNT, sometimes called a "supplemental needs trust") is a generic term for a trust designed to supplement the means-tested government benefits of a beneficiary with a disability. If you think that none of your clients or their adult children would ever need government benefits, think again. By maintaining eligibility for cash income and health insurance, a family may stretch its collective resources to care for the individual with disabilities over time.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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