Special Needs Trusts
A special needs trust is designed for beneficiaries who are disabled, either physically or mentally. It’s a trust set up for the person with special needs to supplement any benefits the person with special needs is currently, or may receive in the future, from government programs. A properly drafted trust of this type will allow the beneficiary (injured person) to remain eligible for, and receive, government benefits while still receiving funds from the trust. In the case of a special needs trust, the property (settlement proceeds) are held and managed for the benefit of the disabled loved one by a