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Can you have a special needs trust fund and collectssi frome the gov?

In: Estates, Federal Laws [Edit categories]

Answer:

The purpose of a special needs trust is to allow a person who collects some form of benefit from the government to have other assets available for their needs. It cannot be emphasized enough that the trust must be drafted by an expert in trust law and tax law. If properly drafted, the trust assets will not be counted for purposes of qualification. If improperly drafted those assets could trigger a denial of government benefits until the trust assets are spent. You can read more about this topic at the link provided below

First answer by Kluss. Last edit by Kluss. Contributor trust: 692 [recommend contributor ]. Question popularity: 2 [recommend question].

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Supplemental Needs Trust

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