Special Needs Trusts (SNTs) allow a disabled person to preserve eligibility for public benefits, such as Medicaid, even if they got an inheritance, a personal injury award, or received other funds. However, the law required that this type of trust be established by a parent, grandparent, a guardian or a court, which caused many planning problems. In Dec., ’16, the law was amended to allow a mentally capable disabled person to establish his/her own SNT. Read more about this big change by clicking below!
https://www.specialneedsalliance.org/the-special-needs-trust-fairness-act-is-law/