Do Beneficiaries of Special Needs Trusts Have Rights?

Do Beneficiaries of Special Needs Trusts Have Rights?

What happens if a dispute arises between a trustee and a beneficiary? There are five common rights of beneficiaries according to the Uniform Trust Code… A special needs trust is set up to provide money for the care and support of the beneficiary with special...
Purchasing a Home With a Special Needs Trust

Purchasing a Home With a Special Needs Trust

Buying a house with a special needs trust can be a good move, but you should understand the pitfalls and complexities. For some people with disabilities, homeownership may present a uniquely empowering opportunity. But for many others, purchasing a home through a...
Top 7 Reasons to Establish a Special Needs Trust

Top 7 Reasons to Establish a Special Needs Trust

Special needs trusts (SNTs) can play an important role in helping families plan for children with special needs. Here are some of the most compelling reasons to speak with your attorney about establishing an SNT. 1. Preserve public benefits while enhancing your...
Special Needs Trusts and ABLE Accounts: Why You Probably Need Both

Special Needs Trusts and ABLE Accounts: Why You Probably Need Both

There has been a lot of excitement over the development of ABLE accounts recently. While ABLE accounts can be helpful planning tools for people with disabilities, they are certainly not a replacement for Special Needs Trusts. We’ll briefly look at why that is...

The Top Five Responsibilities of a Trustee of a Special Needs Trust

If you are considering taking on the responsibility of serving as the trustee of a special needs trust, you will probably have questions about the trustee’s role. Trustees of special needs trusts have many important responsibilities, but these five likely rank...