Is There a Difference Between “Supplemental” and “Special” Needs Trusts?

with No Comments

Have you heard the terms “special” needs trust and “supplemental” needs trust and wondered what the difference is? The short answer is that there’s no difference. Here’s the long answer: When the field of special needs planning began more than two decades … Read More

Can the Beneficiary of a Special Needs Trust Change the Trustee?

with 2 Comments

The beneficiary of a special needs trust can never control or access trust funds – that is the job of the trustee. A common fear among beneficiaries or their families is that the trustee may not do what’s in the … Read More

Should a Parent Serve as Trustee of a Special Needs Trust?

with No Comments

It is common for a parent to want to be named as trustee of a special needs trust benefitting her child, especially when the parent is the one creating or funding the trust. There are many reasons why this makes … Read More

Special Needs Trusts: Ensuring Continuity in Delivering Care to a Trust Beneficiary

with No Comments

If you are the main person managing the care of the beneficiary of a special needs trust, have you planned yet for a time when you may no longer be able to perform this crucial role?  It is important to … Read More