Special Needs Trusts

Beneficiaries receiving disability income could benefit from a special needs trust. Government assistance is determined by the value of assets owned by person qualifying for benefits and any income earned.

A living trust or testamentary trust can have language instructing distributions to be withheld from special needs beneficiaries to prevent a disruption in benefits. The successor trustee can make payments to the special needs beneficiary after taking into any necessary considerations how benefits may be disrupted.

The successor trustee can pay for certain services and products for the beneficiary if they cannot be resold for money and intended to improve the quality of life for the beneficiary. Examples include airfare for a trip and movie tickets.

Consult with a special needs planning attorney and prepare as much information for your successor trustees so they understand who to call with any questions regarding potential distributions made to a special needs beneficiary.

The Estate Director

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Living Trust Texas

Special Needs Trusts

The Estate Director