The Two Types of Special Needs Trusts
May 12, 2022
The purpose of a special needs trust, sometimes abbreviated as an SMT, is to allow an individual who is disabled to still be eligible to
The purpose of a special needs trust, sometimes abbreviated as an SMT, is to allow an individual who is disabled to still be eligible to
A special needs trust, also called a supplemental needs trust, holds and protects financial assets for the benefit of a specified disabled beneficiary. There are
Parents with a special needs child understand better than most people the importance of preparing for the future. When they can no longer financially or
When you have a child or close family member with special needs, you might need to form a special needs trust to plan for their
When someone has a disability, they cannot receive direct financial support from others and remain eligible for certain federal benefits. If you want to ensure
A special needs trust is a vital tool for planning the future of children with special needs. Like all trusts, a trustee manages, on behalf
Parents of kids with special needs should take additional care when planning for their future to make sure that their kids will receive appropriate support
As many individuals get older, they are faced with the reality that they may have to reside in a nursing home or assisted living facility
In a conservatorship, a judge of the court appoints an organization or a person to act as the conservator for a vulnerable adult who cannot
A California guardianship is a legal proceeding where someone other than a child’s parent receives authority over property that belongs to the child – and/or
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