What Can a Special Needs Trust Pay For?
A special needs trust is a legal document designed to help people with disabilities. It permits them to have funds that en...
Read moreThe answer depends on whether the trust allows disbursements for utilities. If it does, you need to assess the disbursement's impact on the beneficiary's government benefits. If the beneficiary receives SSI , the payment of utilities can reduce his SSI benefit by up to $264.33 in 2015. If the beneficiary also receives Medicaid, you will need to consult a local special needs planner to determine the effect of the distribution. Payments of utilities will also increase a beneficiary's Section 8 housing rent.
Local Special Needs Planners in Your City
A special needs trust is a legal document designed to help people with disabilities. It permits them to have funds that en...
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A special needs trust can allow individuals?with special needs?to preserve?assets that will?enhance their?quality of life...
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Can a special needs trust pay for vehicle insurance?
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