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  1. Oct 27, 2023 · A special needs trust (SNT) helps provide financial help to your child after you die without impacting their government benefits. Here's how it works.

  2. Jul 12, 2022 · A special needs trust is a legal arrangement set up by a third party that benefits someone on an income-sensitive aid program such as Medicaid.

  3. There are two types of Special Needs Trusts (SNTs), commonly designated as first-party and third-party SNTs. Learn more about them in this guide.

  4. A special needs trust (SNT) enables a person with a disability or functional needs to hold assets and still receive Supplemental Security Income and/or Medicaid.

  5. A special needs trust is a legal financial entity set up to hold assets for the future care of your loved one with disabilities or special needs, while preserving their benefits. This type of trust is highly specialized and must conform with very specific requirements.

  6. May 24, 2024 · A special needs trust can provide a means of additional financial support for the supplemental needs of a child or anyone with special needs that may be eligible for certain government provided assistance.

  7. Anyone currently administering a special needs trust or looking to establish one will need to understand the latest rules to stay compliant. Let’s break down key updates regarding special needs trusts and provide tips to make the most of these important planning tools in 2024 and beyond.

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