Estate planning experts explain the different types of Special Needs Trusts (SNT) and offer tips to families to determine which one they should use.
Understanding Special Needs Trusts
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When planning for individuals with special needs, it’s vital to have the right legal documents in place, such as a Special Needs Trust (SNT), which protects eligibility for government benefits while securing financial stability. A letter of intent outlines care instructions, and a Power of Attorney (POA) designates someone to make financial and legal decisions on the individual’s behalf. ACTEC Fellows who specialize in special needs planning explain what you need to know.
Estate planning experts explain the different types of Special Needs Trusts (SNT) and offer tips to families to determine which one they should use.
Professor Mary Radford explains in everyday terms what you need to know about a Revocable Trust and if you need one through this informative video.