Special Needs Trusts Supplemental Needs Trusts

Understanding the Differences Between Special Needs Trusts and Supplemental Needs Trusts

Posted Posted in Estate Planning, First Party Special Needs Trust, Florida, New Jersey, Pennsylvania, Self Settled Special Needs Trust, Special Needs Trust, Supplemental Needs Trust, Third Party Special Needs Trust

“Special Needs Trusts” and “Supplemental Needs Trusts” are terms to describe trusts designed to provide benefits to a person in a way that will preserve the public benefits that he or she is entitled to receive. These types of trusts are most commonly created when a person has some sort of special needs or disability.  […]