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SPECIAL NEEDS TRUST SNT DECISION TREE Form

SPECIAL NEEDS TRUST SNT DECISION TREE Form

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a special needs trust is a trust for a special needs child prior to 1993 which is a while ago parents were not able to leave assets to their children who were disabled without their children losing those government benefits since 1993 it's been public policy in the state of new york for parents to be allowed to set up trusts for their special needs children to pay over and above what the state would pay these trusts are required to be set up by a parent or a grandparent or a legal guardian and they name a trustee and they pay over and above as i said whatever the government will pay via medicaid and social security there are many things the government doesn't pay for example vacations hobbies elected medical treatments that's the benefit of having a special needs trust if it's set up by a parent or grandparent and a special needs child dies and there's still assets left in the trust it goes to other family members if it's set up by the sp

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