What Is a Special Needs Trust?
An individual with disabilities often needs to protect their current or future public benefits. In fact, holding assets over certain amounts can disqualify a person with disabilities from various government benefits. The solution? Establish a special needs or supplemental needs trust. These trusts provide a safe harbor for assets of a person with disabilities and keeps the trust assets from being counted when determining eligibility for public benefit programs.
We act as trustee for minors or adults with disabilities. Midland Trust Company advocates for individuals and helps them live full and enriched lives.