A Special Needs Trust can be used during your lifetime to provide for a loved one with special needs. The trust may also be used after your death to protect your loved one’s inheritance while providing for the needs of your loved one. These types of trusts can be complex, and the consequences
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Category: Special Needs Trust
How Do You Fund a Special Needs Trust?
A Special Needs Trust refers to an estate planning tool that allows you to provide for a loved one who has special needs. With a Special Needs Trust, you can protect assets so that the person can qualify for important government benefits, such as SSI and Medicaid. However, to fund a Special Needs...