SNT’s are designed to provide limited gifts and support through a trustee for individuals who have a disability and are receiving government benefits.
If you have a child or grandchild who is receiving SSI or Medicaid due to a disability, that person is limited in the assets he or she may have. Any cash gifts, settlements or judgments from a lawsuit, or an inheritance will be counted as income and may disqualify the person from these benefits. However, you may wish to provide this relative with the means to purchase a television or computer, to go to classes, or take a trip. You may want to pay medical bills not covered by Medicaid, or ensure that there is money for proper care of the individual after you are gone. SNT’s are a means to provide these services without depriving the individual with the disability of his or her government benefits.
Contact Caswell Law PLLC for more information about Special Needs Trusts.
The Americans with Disabilities Act provided people with certain physical and/or mental disabilities specific rights in areas such as employment and access to services. If you have a disability, or a relative who is disabled, and you think there is illegal discrimination because of this disability, contact us to see what your rights and remedies are.