self-settled trust
A special needs trust funded with property belonging to the beneficiary, such as a direct inheritance, recovery in a personal injury lawsuit, or gift.
Category: Wills, Trusts & Estates → Getting Your Affairs in Order
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • trust — Synonyms and related words: Aktiengesellschaft, absolute interest, accept, accept for gospel, accept implicitly, acceptation, acception, acquiescence, agency, agentship, aktiebolag, arrogance, aspiration, aspire to, assign, assignment, assumption …   Moby Thesaurus

  • self-importance — Synonyms and related words: accent, amour propre, arrogance, assurance, assuredness, autoeroticism, belief, certitude, cocksureness, complacency, concern, concernment, confidence, confidentness, consequence, consequentiality, consideration,… …   Moby Thesaurus

  • self-confidence — Synonyms and related words: aplomb, arrogance, assurance, assuredness, balance, belief, boastfulness, certitude, cockiness, cocksureness, conceit, confidence, confidentness, conviction, courage, equability, equanimity, equilibrium, face, faith,… …   Moby Thesaurus

  • self-reliance — Synonyms and related words: Declaration of Independence, arrogance, assurance, assuredness, autarchy, autarky, autonomy, belief, boastfulness, certitude, cocksureness, conceit, confidence, confidentness, conviction, courage, face, faith,… …   Moby Thesaurus

  • Supplemental Needs Trust — A Supplemental Needs Trusts is a US specific term for a type of special needs trust (an internationally recognised term). Supplemental needs trusts are compliant with provisions of United States (federal and state) law and are designed to provide …   Wikipedia

  • Spendthrift trust — A spendthrift trust is a trust that is created for the benefit of a person (often because he or she is unable to control spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the… …   Wikipedia

  • special needs trust — A trust designed to hold and disburse property for the benefit of an SSI recipient so that SSI and Medicaid won t consider the trust property or disbursements to be a resource or income. To accomplish this purpose, the trust typically gives the… …   Law dictionary

  • third-party trust — A special needs trust funded exclusively with property given by people other than the beneficiary. Compare: self settled trust Category: Wills, Trusts & Estates → Getting Your Affairs in Order Category: Wills, Trusts & Estates → Living Wills &… …   Law dictionary

  • Foreign trust — commonly refers to a trust that is governed by the laws of a jurisdiction other than the United States. These trusts may be used for investment, estate planning and succession planning purposes, but are most commonly used for asset… …   Wikipedia

  • Living trust — A living trust (inter vivos trust) is a trust created during a person s lifetime. Living Trusts in the United StatesIn the United States, a living trust refers to a trust that may be revocable by the trust creator or settlor (known by the IRS as… …   Wikipedia

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