What is a special needs trust?
December 14, 2023
A special needs trust is a specific type of trust that is used to ensure that a disabled individual does not become disqualified for housing arrangements or government assistance or benefits in the event the individual has too many assets or too much income. For example, a special needs trust can protect a disabled individual’s right to assistance if they receive a windfall of money from a personal injury claim or from an inheritance. The trust can be used to provide additional benefits and enhanced quality of life that cannot be obtained through government assistance.
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