Special Need Trust
Protecting Benefits. Preserving Dignity. Planning for the Future.
A Special Needs Trust (SNT) is a powerful legal tool designed to provide financial support to individuals with disabilities without jeopardizing their eligibility for essential government benefits such as Supplemental Security Income (SSI) and Medicaid.
What Is a Special Needs Trust?
A special needs trust is specially structured to ensure a person with a disability can use the money and other property held in the trust, while at the same time allowing the the disabled individual to continue to receive essential government benefits.
Why Do I Need A Special Need Trust?
People with disabilities can only receive government benefits if they stay under the poverty line which is around $2,000 if they wan to continue to received SSI, Medi-Cal, or IHSS. If there income increases due to inheritance they could lose their government benefits.
How can a Special needs Trust Help?
The beneficiary of a special needs trust does not actually own the money so they can remain eligible for government programs. If the benificary needs to use funds from the Trust, the trustee will pay the bills directly without giving funds to the beneficiary.
Let’s Secure Their
Future—Together
Planning for a loved one with special needs can feel overwhelming, but you don’t have to do it alone. Contact the Law Office of David J. Salvin today to schedule a confidential consultation and learn how a Special Needs Trust can safeguard your loved one’s well-being—today, tomorrow, and for years to come.
