What is a Special Needs Trust?

A Special Needs Trust is a trust established for the benefitof an individual with disabilities. In most cases, these individuals receivebenefits from various federal, state, and local programs. 

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Special Needs Trusts are created to provide luxuries and comforts that are not provided by government programs; however, extreme care must be utilized in drafting the Trust documents to ensure the individual remains eligible for government support. M&P has the administrative knowledge to act as Trustee of a Special Needs Trust.