First-party
(d)(4)(A) trusts
Funded with the disabled person's own assets. Strict state and federal criteria apply, including a Medicaid payback provision on death.
Services / Plan ahead
Special Needs Trusts
Provide for a child or loved one with a disability without costing them their public benefits.
Overview
The first step is recognizing which benefits your loved one receives now, or may receive later: SSI, Medicaid, federally assisted housing, SNAP, DDD services paired with Medicaid, or a group home placement. The right trust protects those benefits while still providing for the person you love.
What we do
Benefit reviews for your loved one
Sole benefit trusts
Coordination with family members' wills
Trust drafting to state & federal criteria
Three types of special needs trusts
First-party
Third-party
trusts
Funded by parents or family, usually through their wills. No payback provision, so remaining assets can pass to other family members.
Pooled
trusts
Administered by a nonprofit such as PLAN/NJ, with assets in sub-accounts pooled for investment. Often best for smaller amounts.
Not sure what you need?
A free consultation, up to 30 minutes, will tell you if a special needs trust is appropriate.
