Needs Trusts

Miner Law Offices works with disabled persons and their families to draft first and third party special needs trusts. Special needs trusts are designed to allow persons living with a disability to receive funding into the trust from several sources, while still maintaining their eligibility for Social Security Income, Medicaid, State, Federal and local benefits.

This type of SNT is created by a parent, guardian, or individual caring for a person with disabilities, who is the trust beneficiary. It is managed by the trust creator (grantor) or designated party, such as a friend, family member, or professional fiduciary to ensure the funds are being used in a way that doesn’t undercut or jeopardize the beneficiary’s receipt of government benefits. Typically a Third-Party SNT is funded during the grantor’s lifetime by the transferring funds or by something like a life insurance policy where the SNT is named as beneficiary.