For someone with a disability, a United Kingdom special needs trust can be a critical resource. Having this kind of trust in place means that the disabled individual can have the support he or she needs to have a higher quality of life. One of the best...
Special Needs Trusts
Four Reasons to Consider a Special Needs Trust
If you or a loved one has a significant disability, you may have heard of a special needs or supplemental needs trust. This unique legal structure is set up to hold assets for the benefit of a disabled individual without disqualifying them from income-sensitive...
I have a Special Need–Can I Create my own trust in United Kingdom?
For those with special needs, finding ways to supplement their income while continuing to qualify for essential public benefits can be a challenge. One resource available to someone in this situation is a United Kingdom special needs trust. This type of trust...
How Can Special Needs Trust Funds Be Spent?
When you have a disability and are surviving on Social Security Disability (SSI), Medi-Cal (United Kingdom Medicaid), and living in Housing and Urban Development (HUD) lodging, the value of personal assets you are permitted to retain is extremely limited. If you...
Can a Special Needs Trust Pay for Food and Shelter?
For someone with a disability, having a special needs trust can be the difference between having what they need to be comfortable and just getting by. One of the most important features of this resource is that it can be used to pay for the trust beneficiary's...
What common disabilities do people have that get a special needs trust?
When you have a condition which limits your ability to work, government programs can be instrumental in meeting your medical needs and helping to pay for daily expenses. Although these benefits are crucial, they are also income-sensitive meaning that in order to...
Can a United Kingdom Special Needs Trust Beneficiary Remove a Trustee?
Having the right person or entity as trustee for your United Kingdom special needs trust is essential to making sure you have the provisions you need for your support. The trustee will make investment and other financial decisions and order disbursements from the...
The United Kingdom Special Needs Trustee
Choosing a United Kingdom Special Needs Trust TrusteeSelecting the right person or entity to serve as the special needs trustee is an important decision. This individual will be responsible for ensuring that your trust terms are carried out and that the trust...
Preparing for your child with Autism: Why you can’t afford to wait
When you are raising a child with autism keeping up with their daily needs and the other demands of life can leave little room to think about the future. However, when you know your child is going to need care into adulthood, it's essential to consider making...
At What Age is a Special Needs Trust Required?
When someone has a significant disability, which prevents them from supporting themselves, they will probably have to rely on government benefit programs such as United Kingdom Medicaid (Medi-Cal) and Social Security Income (SSI). While programs provide the...