Legal Question in Wills and Trusts in California
supplemental needs trust california
Is the following a complete and total legal wording for a supplemental (special) needs trust in the state of california so that the beneficiary will not lose ssi and medical benefits. thank you.
'' The Trust estate shall then be administered for the health, education, maintenance and support needs, as they are determined in the sole discretion of the Trustee, for the beneficiary.''
2 Answers from Attorneys
Re: supplemental needs trust California
The short answer is no--the trust would most likely be considered available for SSI or Medi-Cal purposes. Special needs trusts (SNT) are tricky, so money spent for an attorney-drafted would be well worth it. The type of drafting also depends on whether the trust is a third-party one (e.g., gift/inheritance from a relative) or a first-party one (e.g., proceeds from a personal injury settlement).
Re: supplemental needs trust california
In order to properly preserve governmental benefits,the preparation of a special needs trust should be done by an attorney. Further, the original trust documents should be reviewed. If you wish to discuss this further with our office, we offer a thirty minute free telephone consultation at 1.877.MOHEBAN. As for Susan Tenzer or Vandy Moheban.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
