Currently viewing the tag: "special needs"

In Trusts We Trust: Day 49

January 27, 2012 by

Special Needs Trust A special needs trust is a trust that provides supplemental assistance to a disabled person or a mentally disabled person.  Special needs trusts are not able to be used for support purposes, such as food and shelter.   One of the benefits of a special needs trust is that the beneficiary doesn’t lose […]

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In Trusts We Trust: Day 40

January 13, 2012 by

Personal Injury Trust A Personal Injury Trust is any form of trust where funds are held by trustees for the benefit of a person who has suffered an injury. Personal Injury Trusts are also sometimes referred to as Special Needs Trusts.  A Personal Injury Trust is funded exclusively by funds derived from settlement funds which […]

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