In this session Attorney David McGuffey will discuss the basics of a Special Needs Trusts. A special needs trust or supplemental needs trust ("SNT") is one component of a lifelong support plan for a disabled individual. The purpose of a SNT is to improve and enhance the beneficiary’s quality of life. An SNT accomplishes its purpose by protecting liquid assets, which are usually limited. The reasoning behind SNTs is simple. Goods and services cost money. A properly structured SNT protects liquidity because resources inside an SNT are exempt when applying for certain public benefits.

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