What is a Special Needs Trust?
When estate planning for people with special needs, caretakers need crucial legal documents, including a Special Needs Trust (SNT). An SNT safeguards the beneficiary’s financial future without jeopardizing government benefits. A letter of intent provides detailed instructions for their care, and a Power of Attorney (POA) designates someone to make legal and financial decisions on their behalf if necessary. Get guidance from ACTEC Fellows experienced in special needs planning so you may take informed steps to help your loved one.
Videos for Families of Special Needs Individuals
ACTEC Estate Planning Essentials is a comprehensive resource provided by the American College of Trust and Estate Counsel (ACTEC) that offers guidance and information on various aspects of estate planning.
Special Needs Trusts
Estate planning experts explain the different types of special needs trusts, considerations to avoid losing public benefits like Medicaid, and potential pitfalls.
Understanding Special Needs Trusts
Estate planning experts explain the different types of Special Needs Trusts (SNT) and offer tips to families to determine which one they should use.
Experts on supported decision-making explain how this alternative to guardianship for individuals with disabilities works and answer questions families may have
Alternatives to Guardianship
Learn about alternatives to guardianship including revocable trusts, POA, medical orders and social security options from experts.
Tips for Managing Digital Assets of a Deceased or Disabled Person
Tips for adding a legacy contact to email/social media accounts and executors accessing digital property of disabled/deceased persons with no legacy contact.
How to Choose Your Executor or Trustee
Learn how to select the right executor or trustee for your estate, their responsibilities, and other considerations of note for a smooth estate transition.
What is a Revocable Trust and Do I Need One?
A revocable trust is a flexible estate planning tool that avoids probate. Learn why you may need it for privacy, asset management, and to avoid probate.