Questions & Answers

Is there a maximum amount that a special needs trust (SNT) will allow for a new car purchase?...

My 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...

• Categories:
• Special Needs Trusts
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• SSI and SSDI
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• Medicare
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• Medicaid
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• Estate Planning

Can 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...

• Categories:
• Special Needs Trusts
• |
• Estate Planning

Can the trustee of a special needs trust use trust funds to pay a special needs planner for planning advice?...

• Categories:
• Special Needs Trusts
• |
• Special Needs Planning

Do I need an attorney to set up a special needs trust?...

Can the trustee (who lives in Texas) of a special needs trust established in California be compensated for their time?...

Must a special needs trust be issued in the state from which the beneficiary receives Supplementary Security Income?...

• Categories:
• Special Needs Trusts
• |
• SSI and SSDI

Can 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?...

• Categories:
• Special Needs Trusts
• |
• Settlement Planning
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• Public Benefits

If someone were on Social Security Disability Insurance (SSDI) and were elected to a political office, could they have their pay go to a special needs trust (SNT)?...

• Category:
• Special Needs Trusts