answersLogoWhite

0

A "special needs trust" is established for a person under some handicap who is receiving assistance from some type of government program. The trust is set up so that they do not lose eligibility for that assistance by owning assets. Therefore, the answer to your question is no, you cannot set up a special needs trust for someone who does not meet that criteria. However, anyone can set up a trust that will meet their unique individual needs. You should seek the advice of a trust attorney who can help you to set up a trust that will meet your own needs.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Handicapped vs special needs?

A handicapped person is one that has a disability. However, a special needs person may not be disabled but needs special care.


What are the different types of trust accounts available for managing assets and funds?

The different types of trust accounts available for managing assets and funds include revocable trusts, irrevocable trusts, living trusts, testamentary trusts, and special needs trusts. Each type has specific features and benefits depending on the individual's needs and goals.


What are some common issues for special needs individuals may require special consideration while exercising?

Health risk and safety are some common issues that will require special consideration for special needs individuals exercising. Being careful not to overexert special needs individuals is important.


What do you call someone who works with disabled people?

This depends on where they work with disabled individuals. They could be a carer, a special needs teacher, a physical therapist and so on. It depends if you are referring to someone who supports the disabled at home, in a support centre, a school and so on. There are probably dozens of titles depending on this, you'll have to be more specific for an exact answer.


Is scoliosis special needs?

In most cases, no, however, some people are left badly disabled by scoliosis so those people would be considered special needs


Why do you refer to disabled children as special needs children?

because disabled children has come to be known as a derrogative term, meaning it makes people feel less than what they are really worth. these people are not disabeld, they can usually do all the things we can with the special needs they need to have.


What are the relevant legal requirements covering the needs of disabled children and those with special educational needs?

hi i am wanting to know what the legal requirments for secondary schools for children with special needs please can you help


Will a disabled child inherit property before the other kids?

Inheritances generally follow the terms set by a will or the laws of intestacy if there is no will. A disabled child does not automatically inherit property before other siblings unless specified in the will. However, some parents may choose to establish special trusts or provisions to ensure that the needs of a disabled child are met. It's advisable to consult a legal expert for estate planning to address these specific circumstances.


Who receives special education in today's schools?

Special needs children including the learning disabled, physically challenged, and the emotionally disturbed qualify for special education.


What is an alternative word for retard?

Mentally challenged, learning disabled, developmentally delayed, special needs, learning delayed,...or simply disabled. Retarded and slow are demeaning.


How were people with special needs treated?

There were a variety of ways that a person with disabilities treated in the past was treated. They were often spit on.


What are the features and benefits of an adaptive bike trailer for special needs individuals?

An adaptive bike trailer for special needs individuals offers features such as adjustable seating, safety harnesses, and storage compartments. The benefits include promoting physical activity, social interaction, and independence for individuals with special needs.