Special Needs Trust Services
A Special Needs Trust can help people with disabilities maintain important public benefits while preserving funds that can improve their quality of life.
This trust is designed for people with disabilities or individuals receiving public benefits who have assets that could otherwise affect their eligibility for programs such as Medicaid, Supplemental Security Income (SSI), and other needs-based assistance.
Who Can Benefit?
The trust may be appropriate for:
- Individuals with disabilities who receive public benefits
- Individuals who have received an inheritance, legal settlement, or other financial resources that could affect benefit eligibility
- Families who want to provide financial support for a loved one with special needs
- Individuals seeking professional trust management and oversight
Trust Options
First-Party Trusts
- Funded with the beneficiary’s own assets, typically from a personal injury settlement, direct inheritance, or their own accumulated wealth
- Medicaid payback provisions on death or termination of trust
Third-Party Trusts
- Funded by family members or other individuals who wish to provide financial support for a loved one with special needs
- No Medicaid payback provisions on death or termination of trust
How Funds Are Managed
Professional trust administrators oversee each beneficiary’s account and review requests for distributions. Funds can be used for approved expenses that enhance the beneficiary’s quality of life while helping preserve eligibility for public benefits.
Examples may include:
- Medical and dental expenses not covered by insurance
- Education and training
- Transportation
- Personal care items
- Recreation and enrichment activities
- Technology and adaptive equipment
- Other approved supplemental needs
Protecting Benefits and Providing Peace of Mind
The goal of a Special Needs Trust is to help beneficiaries maintain access to essential public benefits while providing additional resources that enhance independence, comfort, and quality of life.
Through professional administration and careful oversight, a Special Needs Trust helps individuals and families preserve financial resources while supporting long-term stability and well-being.