What is a disability trust?
Disability trusts, or qualified disability trusts, are created for the purpose of caring for a disabled person in the event of their caretaker's death. Qualified disability trusts offer added benefits...
Special Needs Trusts
How to Create a Special Needs Trust: What to Include
A Special Needs Trust (SNT) is a unique document individually prepared for the benefit of a disabled beneficiary under the age of 65. This article explains the types of information required in this tr...
What is a pourover trust?
Not to be confused with a pour-over will, a pour over trust is simply a way to plan for incapacity. Unlike a will, the pour over trust is not administered by a court, so its contents and terms are not...
Special Needs Trusts: Eligibility for Federal & State Assistance
If you have a child with special needs, you want to be sure that once you are gone, he or she will be well taken care of. Special needs individuals under the age of 65 are eligible for Medicaid, Suppl...
Types of Special Needs Trusts: Who Can Set One Up?
If you have a disabled relative or close friend, there is some important information you should have regarding Special Needs Trusts....
How to Fund a Special Needs Trust and How the Money May Be Spent
Many different types of resources can be used to fund a Special Needs Trust and there are strict rules regarding the wording of Special Needs Trusts that have to do with how the money may and may not ...
What is a Medicaid trust?
While modern medicine provides frequent breakthroughs for disabled patients, a long-term disability can be very costly for an estate. In fact, many modern couples may spend down their entire estate pa...
Special Needs Trusts Overview
To qualify for most government programs, there are strict limits on the special needs individual's income and assets. Inherited assets are counted when looking at what assets are available to a specia...
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