skip to Main Content
  • December 21, 2016

The Special Needs Trust Fairness Act

On December 7, 2016, the Senate approved the 21st Century Cures Act (HB 34).   Included in this legislation is the Special Needs Trust Fairness Act (the “Act”).  The Act now adds provisions to allow disabled individuals to establish their own self-settled special needs trusts.   In general, special needs trusts allow disabled beneficiaries to receive the benefit of trust assets without disqualifying those beneficiaries from receiving means-tested benefits, such as Medicaid and Supplemental Security Income.  A special needs trust allows for trust assets to be used to pay for expenses that are not covered by these means-tested governmental programs, without…

Read More
Back To Top