Helping families provide for a loved one with disabilities while preserving eligibility for important government benefits.
A Supplemental Needs Trust can enhance quality of life for a person with disabilities while preserving eligibility for means-tested benefits such as Medicaid and SSI. It can also provide resources for needs and experiences those programs may not cover.
Funds may be used for recreation, education, vacations, entertainment, electronics and other items that enhance daily life.
A trust can help pay for items such as an accessible vehicle, mobility equipment or communication devices.
Trust funds may also cover medical care, therapies and other services that are not provided through government benefit programs.
A Supplemental Needs Trust can be created during a person’s lifetime or through a will. Depending on the circumstances, it may be funded by a parent or other family member, or with assets belonging to the individual with disabilities, such as an inheritance or legal settlement.
Once established, the trust is managed by a trustee who can use the funds for appropriate goods and services that are not covered by government benefits.
Planning for a loved one with disabilities can raise important questions about benefits, resources and long-term support.
Marna can help you understand the options and move forward with confidence.