Special Needs Trusts

What is a special needs trust?

People with disabilities often have particular needs for services and supports, beyond the basic necessities of life. One way for family and friends to support people with disabilities is to set up a trust to help provide funding for those needs, or to pay for things...

Reasons to use a professional administrator for a special needs trust

Let’s say you set up a special needs trust for Joey, your disabled grandson. You’ll need a trustee to make distributions, file tax returns, and carry out all the other duties that go along with administering a trust. Who will you name to do all that? Some...