What is a Special Needs Trust co-consultant?

A "special needs trust" is established for a person under some handicap who is receiving assistance from some type of government program. The trust is set up so that they do not lose eligibility for that assistance by owning assets.

It cannot be emphasized enough that the trust must be drafted by an expert in trust law and tax law. Attorneys who specialize in trusts are generally the best choice. If properly drafted, the trust assets will not be counted for purposes of qualifying for benefits. If improperly drafted those assets could trigger a denial of government benefits until the trust assets are spent.

A special needs trust consultant would be a person who has expertise in drafting special needs trust. A co-consultant is a person who works with that consultant.

You can read more about this topic at the link provided below

A "special needs trust" is established for a person under some handicap who is receiving assistance from some type of government program. The trust is set up so that they do not lose eligibility for that assistance by owning assets.

It cannot be emphasized enough that the trust must be drafted by an expert in trust law and tax law. Attorneys who specialize in trusts are generally the best choice. If properly drafted, the trust assets will not be counted for purposes of qualifying for benefits. If improperly drafted those assets could trigger a denial of government benefits until the trust assets are spent.

A special needs trust consultant would be a person who has expertise in drafting special needs trust. A co-consultant is a person who works with that consultant.

You can read more about this topic at the link provided below

A "special needs trust" is established for a person under some handicap who is receiving assistance from some type of government program. The trust is set up so that they do not lose eligibility for that assistance by owning assets.

It cannot be emphasized enough that the trust must be drafted by an expert in trust law and tax law. Attorneys who specialize in trusts are generally the best choice. If properly drafted, the trust assets will not be counted for purposes of qualifying for benefits. If improperly drafted those assets could trigger a denial of government benefits until the trust assets are spent.

A special needs trust consultant would be a person who has expertise in drafting special needs trust. A co-consultant is a person who works with that consultant.

You can read more about this topic at the link provided below

A "special needs trust" is established for a person under some handicap who is receiving assistance from some type of government program. The trust is set up so that they do not lose eligibility for that assistance by owning assets.

It cannot be emphasized enough that the trust must be drafted by an expert in trust law and tax law. Attorneys who specialize in trusts are generally the best choice. If properly drafted, the trust assets will not be counted for purposes of qualifying for benefits. If improperly drafted those assets could trigger a denial of government benefits until the trust assets are spent.

A special needs trust consultant would be a person who has expertise in drafting special needs trust. A co-consultant is a person who works with that consultant.

You can read more about this topic at the link provided below