Written by attorney Robert Michael Slutsky

Special Needs Trust Overview

A Special Needs Trust is a trust, authorized under federal law, that holds the funds of a disabled beneficiary and allows the beneficiary to qualify for means tested public benefits like Medicaid and Supplemental Security Income (SSI).

Additional resources provided by the author

Why plan Ahead for a Child with Special Needs? In conclusion, the takeaway is that it is essential to do a complete analysis of the future costs to provide for a child with special needs so that the parents can begin saving and making adjustments in their planning today. This analysis isn’t a perfect science and is a moving target at times, but ideally it can help guide families and their advisors towards creating a thoughtful plan that will fund the child’s most important needs.

Free Q&A with lawyers in your area

Can’t find what you’re looking for?

Post a free question on our public forum.

Ask a Question

- or -

Search for lawyers by reviews and ratings.

Find a Lawyer