Questions & Answers

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Question

Will a Contribution to an SNT Qualify for the Gift Tax Exclusion?

Does a gift of $14,000 this year to a special needs trust (SNT) qualify for the annual gift tax exclusion? 

VIEW ANSWER | TAGS: Special Needs Trusts
 

Question

Will a Divorced Couple’s Separate SNTs for Their Children Cause Problems?

A divorced couple has separate special needs trusts (SNTs) for their two special needs adult children.  The father has one trust for each beneficiary and the mother also has one trust for each beneficiary. The father does not want the mother to contribute to the trusts he has set up. Will this cause legal problems?

VIEW ANSWER | TAGS: Special Needs Trusts
 

VIEW ANSWER | TAGS: Special Needs Trusts
 

Question

If a Trust Beneficiary Loses SSI, How Do You Close His Special Needs Trust?

When an SSI beneficiary loses his government assistance, how do you cash out his special needs trust?

VIEW ANSWER | TAGS: Special Needs Trusts, SSI and SSDI
 

Question

Who Pays for the Expenses on a House Owned by a Special Needs Trust?

If a special needs trust owns the house that the trust beneficiary lives in, who pays for the home expenses -- the trust or the beneficiary?

VIEW ANSWER | TAGS: Special Needs Trusts, SSI and SSDI
 

Question

Can You Set Up a Special Needs Trust for Someone Who Doesn't Receive Government Benefits?

We have a brother with special needs -- a documented intellectual disability -- who works full time and does not receive benefits. Our father just died and we have money coming, but he did not include our brother in his estate plan.  Are we legally able to set up a trust from our inheritance for the benefit of our brother?

VIEW ANSWER | TAGS: Estate Planning, Special Needs Trusts
 

Question

Can a Trust Pay for a Beneficiary’s Special Diet?

Can a special needs trust pay for the beneficiary's doctor-prescribed special diet?

VIEW ANSWER | TAGS: SSI and SSDI, Special Needs Trusts, Public Benefits
 

Question

Are Pooled Trusts Rated?

Is there an organization that evaluates pooled trusts and rates them like other charities?

VIEW ANSWER | TAGS: Special Needs Trusts