Catalogue 2019 - 2020

LLME 840 Special Needs Planning



Course Description

Special needs trusts and supplemental needs trusts (both commonly known as SNTs) allow a disabled beneficiary to receive gifts, inheritances, lawsuit settlements, or other funds and yet not lose his or her eligibility for certain government programs such as Supplemental Security income (SSI) and Medicaid. SNTs can be set up by parents or other persons for a disabled child or relative and later receives the proceeds of a personal injury award or settlement. This course is designed to provide a practical guide to using different types of SNTs each with its own eligibility standards-planning for and administering the trusts, integrating them into larger estate plans, and drafting tips and common traps for the planner and clients.