The Trust that Every Will ought to Have
Your Last Will and Testament ought to empower your executor to elect to distribute any recipient’s bequest under your Will into a Special Needs Trust, thereby protecting the bequest.
When you leave somebody a bequest in your Last Will and Testament, it is your intent that the bequest must benefit that person, not trigger them financial detriment. Sadly, often receiving a bequest under a Will can cause the recipient to be disqualified from federal government benefits which they are currently getting, or would have otherwise been qualified to receive.
Your Last Will and Testament should empower your administrator to choose to distribute any recipient’s bequest under your Will into a Special Needs Trust, thereby protecting the bequest.
The distributions from a Special Requirements Trust can be used to boost the lifestyle of the recipient, as the funds in the trust are readily available for such things as recreational products and services, individual support services, treatment, rehabilitation, training programs, education, transportation (consisting of car purchase), important dietary requirements, prescription medication, medical, eye and oral expenses, and other care that is not, or not adequately covered by governmental programs.