Q: What is a Special Needs Trust?
A: A special needs trust is established for an individual, of any age, to supplement any benefits the person may receive from government programs. The person, hereafter called “the beneficiary”, must be living with a physical, mental, or intellectual disability or have special needs.
A special needs trust will allow the beneficiary to obtain government benefits while using funds from the trust for supplement needs not covered by the government benefits.
A special needs trust is tailored, for the beneficiary, to manage assets for that person’s benefit while not compromising access to needed government benefits.
Darlene A. Kemp, MPH, MBA-HCM – Executive Director, vistapoints.org
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