A Special Needs Trust (SNT) in Wisconsin is designed to provide financial support to a person with a disability without disqualifying them from means‑tested government benefits like Medicaid or Supplemental Security Income (SSI). The key is that the trust enhances quality of life without giving the beneficiary direct ownership of assets or...
Category: Special Needs Trusts
Wisconsin Estate Planning: How do you Protect Loved Ones with a Special Needs Trust in Wisconsin?
A Special Needs Trust (SNT) in Wisconsin is designed to provide financial support to a person with a disability without disqualifying them from means‑tested government benefits like Medicaid or Supplemental Security Income (SSI). The key is that the trust enhances quality of life without giving the beneficiary direct ownership of assets or...
Third-Party Special Needs Trusts in Estate Planning
A special needs trust (SNT) allows an individual to provide for a disabled beneficiary without jeopardizing the beneficiary’s eligibility for needs-based government benefits.
SNT funds can generally be used to pay for almost anything that falls outside the basic support that programs such as Supplemental Security Income (SSI) and...
Who Should Be the Trustee of a Third-Party Special Needs Trust?
Family members with special needs may require assistance throughout their lives. If you want to ensure that a loved one with a disability is taken care of after you are gone, you can help manage resources for them by using a third-party special needs trust (SNT).
Also known as...