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A special needs trust (SNT) is a planning tool that allows assets to be set aside for a person with a disability while helping preserve eligibility for needs-based benefits such as Medicaid and Supplemental Security Income (SSI). Managed by a trustee, the trust can help pay for supplemental needs—expenses intended to enhance the beneficiary’s quality of life without replacing essential government benefits.
A special needs trust (SNT) is a planning tool that allows assets to be set aside for a person with a disability while helping preserve eligibility for needs-based benefits such as Medicaid and Supplemental Security Income (SSI). Managed by a trustee, the trust can help pay for supplemental needs—expenses intended to enhance the beneficiary’s quality of life without replacing essential government benefits.