Special Needs Trusts
Special needs trusts (SNTs) are trusts that provide distributions to individuals with disabilities. If done properly, those distributions are not countable as income or assets for eligibility for various government programs (e.g., Medicaid, Supplemental Security Income (SSI), food assistance, and other benefits).
Depending on the type of SNT, it can be revocable (changeable or amendable) or irrevocable (unchangeable or unamendable).
In order to qualify for a SNT, the person must be determined (or would be determined) by the Social Security Administration.
How do I know if an SNT is right for me or my loved one? A consultation with a well-trained attorney who focuses their practice on this area of law can walk you through the process of making that decision.
