TELESEMINAR: Planning with Special Needs Trusts – A National Perspective [LIVE REPLAY]
August 28, 2014
12:00 – 1:00 p.m.
1.00 MCLE hours
Special Needs Trusts are designed to provide for the long-care of individuals who have physical or intellectual impairments and are unable to provide for themselves, whether they are elderly or very young. SNTs are intended to preserve the beneficiary’s eligibility for public benefits – Social Security, Medicare, Medicaid, SSI, and others – while maximizing the private resources of the beneficiary’s family. Crucial aspects of working with these trusts are drafting distribution clauses and selecting the right trustee to make financial and health-care related decisions for the beneficiary. Structuring and drafting SNTs can be a complex process of tradeoffs with the care of a valued family member in the balance. This program – which was originally presented on March 11, 2014* – will provide you with a practical guide to the types of SNTs and the situations in which each is most appropriate, preserving public benefit eligibility, discuss distribution policies and trustee selection. *Please Note: Attorneys may not receive credit for viewing the same program more than once within a 12 month period.
- Planning and drafting issues with Special Needs Trusts
- Types of SNTs and eligibility standards
- Relationship of SNTs to public – Social Security, Medicare, Medicaid, SSI
- Key considerations in drafting distribution clauses
- Choosing individual and institutional trustees, and the use of “pooled trusts”
- Administrative issues in SNTs
Martha C. Brown, Martha C. Brown & Associates, LLC, St. Louis