What is a Special Needs Trust?

A Special Needs Trust (SNT) is a type of trust established to benefit a person with special needs, either mentally or physically. A SNT preserves eligibility for needs-based benefits such as SSI and Medicaid while providing funds for supplemental needs.

Special Needs Trusts can be used to pay for life-enhancing expenses that would not be covered by government benefits.

Benefits of a Special Needs Trust:

  • Preserves eligibility for needs-based government benefits
  • Ensures that the funds are used for the care of the person with the disability
  • Protects the assets and beneficiary from predators and people who may take advantage

What Can the Trust Be Used For?

A Special Needs Trust can pay for many life-enhancing services and products for example:

  • Funds for vacations and trips
  • Entertainment
  • Athletic training
  • Clothing
  • Purchase of goods or services that add pleasure to quality of life: computers, videos, furniture and electronics
  • Out-of-pocket medical expenses
  • Supplemental education and tutoring