Special Needs Trust

n some cases, trusts are created for a group of people, such as a person's children or perhaps their spouse and children. However, many clients want to create a trust for just one beneficiary.

A PSNT can provide your client with objective administration of funds and protection of means-tested government benefits (Medicaid and SSI) with lower funding requirements and fees than traditional financial institutions.

At 2:30 p.m. Eastern Time today, President Obama signed the 21st Century Cures Act, which contains the Special Needs Trust Fairness Act that was passed by the Senate last week.

SNTs can be created in a number of ways in InterActive Legal.

This session will explore the rules behind expanded estate recovery and the common tips and tricks to avoid estate recovery.

Much has been written on New York State’s decanting statute since it was amended in August of 2011. Most of these articles have been geared toward tax planners and discuss the tax advantages and potential pitfalls under the amended statute.…

Parents' desire to control the way their child spends his inheritance is not new, and the resulting complications of this endeavor are evidenced throughout literature and history. A popular Bible story, that of Cain and his brother Abel,…

A Special Needs Trust (SNT) is a trust that is used to manage property for the benefit of a disabled individual. A SNT is a third party created SNTs when it is funded with the assets of a third party for the benefit of a disabled person.