A Supplemental Needs Trust is a statutory trust that permits family members to set aside monies to provide for the future of an individual with disabilities. The funds in the trust “supplement but do not supplant” government benefits (such as SSI and Medicaid benefits).
If a person with special needs is the recipient of an inheritance, personal injury award, or a medical malpractice settlement, for example, the funds can be placed in a supplemental needs trust so that the person with special needs will continue to qualify for government benefits.
Our office is here to help prepare and file the necessary papers to establish the various types of Supplemental Needs Trusts.
For further information on Supplemental Needs Trusts: