First Party Special Needs Trusts
First Party Special Needs Trusts- Special Needs Trusts (“SNT’s”) preserve the beneficiary’s eligibility to receive needs based government benefits. Such as SSI and Medi-Cal. These benefits are jeopardized when an individual receives a gift or inheritance. The individual then exceeds his or her maximum allowed resources (countable assets). First Party SNT’s (unlike Third Party SNT’s) […]
posted on: January 26, 2017
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