Individuals
who are "disabled" for purposes of Social Security can qualify to be the
beneficiary of a "Special Needs Trust."
Through
the use of Special Needs Trusts, assets can be allocated for the use and
benefit of a beneficiary without disqualifying the beneficiary from
governmental benefits, such as Medicaid and Supplemental Security Income.
Often established for the
victims of an injury or accident, Special Needs Trusts can be
implemented in most any situation where the intended beneficiary
is disabled, allowing for unique planning opportunities for
relatives of disabled individuals.