A Special Needs Trust is an important legal tool that holds assets for a person with special needs. By keeping assets separate in a Special Needs Trust, the funds will not affect the person’s eligibility for public benefits, such as Medicaid and Supplemental Security Income (SSI). In the end, the person with special needs will have money set aside for his or her future care, while keeping key benefits necessary for healthcare and other daily expenses intact.
However, there are rules about what ...
Published on April 15, 2020 09:14