What kind of Trust is a Special Needs Trust?

What kind of Trust is a Special Needs Trust?

What kind of Trust is a Special Needs Trust?

Why a Special Needs Trust? A Special Needs Trust (SNT), also known as a Supplemental Needs Trust, is a specific kind of trust that is tailored for an individual with disabilities. The reason there are SNTs has to do with regulations regarding Supplemental Security Income (SSI). SSI is a government program that assists people [...]

What kind of Trust is a Special Needs Trust?ARDENT COMMUNITY TRUST2020-02-07T08:03:09-05:00

In 2001 ACT was incorporated as a non-profit charitable organization in Pennsylvania for the purpose of administering a pooled special needs trust for the benefit of individuals with disabilities. Over the years ACT also became Trustee for other special needs trusts, including Third Party Special Needs Trusts, which are funded with the assets of someone other than the Trust Beneficiary; Non-Pooled Special Needs Trusts, which are funded with assets belonging to the Trust beneficiary; and, educational special needs trusts.

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What kind of Trust is a Special Needs Trust?

What kind of Trust is a Special Needs Trust?

What kind of Trust is a Special Needs Trust?

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