Special Needs Trust
A Special Needs Trust allows a parent, grandparent or guardian to provide funds for a disabled child without disrupting the child’s eligibility for government aid. In creating a Special Needs Trust, there are several extremely important factors to keep in mind:
- Selecting a guardian for your child by determining who you trust to help care for and guide your child.
- Select a suitable Trustee(s) to manage the assets of the Special Needs Trust, as well as ensure your child’s finances are properly monitored.
- Outline instructions for your child's education, housing, personal and emotional needs.