[WSBAPT] SNT

[Jim Doran]

I am wondering about this question.  Maybe I am missing something.  And maybe it is because I have not faced what is actually being asked.

 

Anyway, the Special Needs Trusts that I do are not illness specific.  They are worded to set up the Trust and corpus for the benefit of the Beneficiary to be used for anything that does not violate the rules and regulations on any federal or state aid programs the beneficiary might be getting or to get in the future.  I have seen the SNT that recites a listing of what the Trust can be used for but the better practice, so I was taught, is to not try to list the things that the Trust can be used for but, on the other hand, to list what it can’t be used for: “anything that violates the aid the beneficiary is receiving”.  

 

I can imagine that there could be a SNT that is not concerned with aid programs at all and that recites specific things the Trust can be used for.  Is that the version of what you are asking for?

 

Jim

 

James R. Doran

Attorney at Law

100 E. Pine Street – Suite 205

Bellingham, WA 98225

(360)393-9506

jim at doranlegal.com <mailto:jim at doranlegal.com> 

www.doranlegal.com

 

From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Jayne Gilbert
Sent: Thursday, September 3, 2015 12:06 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] SNT

 

Does anyone out there have provisions they might share for a SNT involving a beneficiary who is bi-polar? In this case the benef for the most part functions quite well for years, but hits some episodes for which his medicine needs to be changed or he may need to go to the hospital for a while

 

Thank you


 

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Jayne Marsh Gilbert

Gilbert and Gilbert Lawyers, PS

(360) 336-9515

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