Managing a Special Needs Trust: A Guide for Trustees

Managing a Special Needs Trust: A Guide for Trustees is an invaluable resource for anyone who is managing a special needs trust for a person with a disability. Formerly called Special Needs Trust Administration Manual, this book has been completely revised, updated, and expanded to cover all 50 states. The authors, who are all attorneys, bring many years experience in guiding trustees through the complicated rules of public benefits and special needs trusts. In clear, easy to understand language, the authors provide practical strategies trustees can use. Managing a Special Needs Trust: A Guide for Trustees is an invaluable guide for anyone who is managing a special needs trust for a person with disabilities. In clear and easy-to-understand language, the authors explain how a trustee can use trust funds to meet the financial needs of a person with disabilities and still comply with the complex rules of government benefit programs. Managing a Special Needs Trust: A Guide for Trustees covers many topics, including what trustees need to know about public benefit programs such as SSI, SSDI, Medicare, and Medicaid; taxes and special needs trusts; payment of recreation, transportation, and medical costs; housing subsidies; and trustee duties. Readers of previous editions (2004, 2005) will notice one major change. "While the earlier editions focused almost exclusively on Massachusetts laws and procedures, this book applies to all states...we cover uniform statues that have been adopted in most states. We also focus on the rules of major federal benefit programs that provide cash, medical benefits, and housing subsidies to people with disabilities." Managing a Special Needs Trust: A Guide for Trustees is an invaluable resource for anyone who is managing a special needs trust for a person with a disability. This new book has covers all 50 states.