Special Needs Answers
A special needs trust successor trustee can no longer serve due to health reasons. There is not enough money left for a professional trustee, and a pooled trust is not a good choice. I am not sure how much I...
Read moreIs there a maximum amount that a special needs trust (SNT) will allow for a new car purchase?...
Read moreMy cousin has a special needs trust set up with funds from a home sale and a small amount of estate from her deceased father. She has special needs, is disabled, and receives Social Security Disability Insurance (SSDI) along with...
Read moreCan a third-party special needs trust (SNT) purchase life insurance (term or perm) on another individual, and name itself (the SNT) as beneficiary? (For example, a disabled adult child is the beneficiary of a third-party SNT, the SNT is the...
Read moreCan the trustee of a special needs trust use trust funds to pay a special needs planner for planning advice?...
Read moreCan the trustee (who lives in Texas) of a special needs trust established in California be compensated for their time?...
Read moreMust a special needs trust be issued in the state from which the beneficiary receives Supplementary Security Income?...
Read moreCan a first-party special needs trust (funded through a settlement on personal injury) be taxed as a grantor trust if grantors are parents? If treated as a grantor trust, will income taxed to the disabled party jeopardize public benefits?...
Read moreAsk us a question and we'll respond if possible. We receive a large number of questions and are unable to answer every one. But if you don't hear back, many questions are best answered by a local special needs planner. To find a qualified special needs planner near you, click here.
