supplemental needs trust

supplemental needs trust
Category: Wills, Trusts & Estates → Getting Your Affairs in Order
Category: Wills, Trusts & Estates → Living Wills & Medical Powers of Attorney

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

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  • 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

  • Special Needs Trust — A legal arrangement and fiduciary relationship that allows a physically or mentally disabled or chronically ill person to receive income without reducing their eligibility for the public assistance disability benefits provided by Social Security …   Investment dictionary

  • Special needs trust — A special needs trust is created to ensure that beneficiaries who are disabled or mentally ill can enjoy the use of property which is intended to be held for their benefit. In addition to personal planning reasons for such a trust (the person may …   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

  • Supplemental Security Income — (or SSI) is a monthly stipend provided to aged (legally deemed to be 65 or older), blind, or disabled persons based on need, paid by the United States Government. [( SSA Supplemental Security Income (SSI) p. 2)] The program is administered by the …   Wikipedia

  • United States trust law — Introduction Most law regulating the creation and administration of trusts in the United States is now statutory at the state level. In August 2004, the National Conference of Commissioners on Uniform State Laws created the first attempt to… …   Wikipedia

  • Discretionary trust — Wills, trusts and estates …   Wikipedia

  • Charitable trust — Wills, trusts and estates …   Wikipedia

  • Constructive trust — Wills, trusts and estates …   Wikipedia

  • Purpose trust — Wills, trusts and estates …   Wikipedia

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