Category Archives: Special Needs Trust
Why a Large Injury Settlement May Require a Special Needs Trust
If you or a loved one has suffered a serious injury due to another person’s negligence, a personal injury settlement can provide critical resources for medical care, therapy, and daily living expenses. However, for individuals who will require government assistance programs such as Medicaid or Supplemental Security Income (SSI) because of long-term or permanent… Read More »
Should I Create a First-Party or Third-Party Special Needs Trust?
When you are considering setting up a special needs trust (SNT) in Connecticut, it is important to work closely with an experienced Canton trusts attorney who can assist you with all aspects of this process. Trusts can be extremely complicated, and they have many requirements to which it is necessary to adhere if you… Read More »
What is a Special Needs Trust?
If you have a disabled child or another loved one who is disabled, part of your estate planning process should be thinking about establishing a special needs trust (also known more simply as an SNT). While there are many different types of trusts that can be created in Connecticut and can provide benefits to… Read More »
5 Types of Individuals Who Could Benefit From a Special Needs Trust
When a loved one has a disability, they may be entitled to certain government benefits such as Supplemental Security Income (SSI) and Medicaid. However, there are eligibility requirements, including a limit on financial resources that could jeopardize one’s ability to secure or keep those benefits. As a result, when estate planning, and one wants… Read More »