16 апр. 2024 г. · Instead, the funds must be used for “special needs,” which could include things like education, transportation, medical expenses, and other ...

10 апр. 2024 г. · Recent case law has established clearer special needs trust distribution guidelines for trustees to follow in making such expenditures.

The trust cannot pay for basic living expenses like electric if the individual is receiving SSI. If the trust does pay for essential expenses like rent, gas or ...

7 сент. 2024 г. · Within the context of a special needs trust, permissible spending must always be in the best interest of the beneficiary. It includes expenses ...

The trust must be funded with the disabled beneficiary's assets (for example an inheritance or settlement), and the disabled beneficiary must be under age 65 ...

Оценка 5,0 (47) - A special needs trust trustee should almost never distribute cash directly to the beneficiary. - Providing debit cards or gift cards are usually seen as cash ...

1 сент. 2022 г. · The second rule is that the trustee must use the funds in a way that does not decrease the beneficiary's eligibility for government assistance.

Special Needs Trust Rules: How the Money Can Be Spent. The trustee cannot give money directly to your loved one—that could interfere with eligibility for SSI ...

Generally, the funds should not be used to pay for expenses that the public benefits are intended to pay for, such as food, shelter, or clothing. However, trust ...