Responsibilities of a Special Needs Trust Trustee
Trustees of special needs trusts have many important responsibilities, but these six likely rank at the top of any trustee's list. ...
Read moreTrustees of special needs trusts have many important responsibilities, but these six likely rank at the top of any trustee's list. ...
Read moreThe Special Needs Trust Fairness Act, a bill that would correct a decades-old error in federal law that prohibits people with special needs from creating their own special needs trusts, has passed out of the House Energy and Commerce Committee,...
Read moreServing as a trustee of a special needs trust can be time-consuming and complicated, which is why trustees are entitled to compensation. Payment is usually a flat fee based on trust assets or an hourly rate.
Read moreIf you are administering a first-party special needs trust, pay attention to who is benefiting from items purchased by the trust or you could cause problems with the beneficiary's government benefits.
Read moreOur son receives Supplemental Security Income (SSI) due to a heart condition. He is about to receive an inheritance and we would like to protect it with a special needs trust. What is the best type of trust for him?...
Read moreWhat is the best book to buy to help with the administration of a special needs trust?...
Read moreCan a special needs trust have more than one trustee at a time?...
Read moreMy special needs trust refers to someone called a settlor but my friend's trust has a grantor. Are these roles different?...
Read moreI know that a special needs trust cannot pay for food or shelter for an SSI beneficiary without affecting her benefits. But what about paying for food or shelter for an SSDI beneficiary?...
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