1. Is the Trust Necessary?<\/em> Are public benefits, such as SSI and Medicaid, important to the client? The attorney must consider the restrictions on distributions. There are three important factors that must e considered before determining to use a self-settled special needs trust:<\/p>\n

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Sole Benefit of Rule<\/em>. Distributions from self-settled special needs trusts must meet the \u201csole benefit of\u201d rule. This means that distributions can only be made for the beneficiary of the trust. This is frequently a problem with family members who tend to look at the personal injury settlement as the family bank account.<\/li>\n
Payback Rules<\/em>. Under federal law,[1]<\/a> on the death of the beneficiary of a self-settled special needs trust, Medicaid must be repaid for all medical assistance paid on behalf of the beneficiary since birth.<\/li>\n
Payments to Third Parties<\/em>. Distributions from a self-settled special needs trust cannot be made directly to the trust beneficiary. This would be considered income and (more…)<\/span><\/a><\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
1. Is the Trust Necessary? Are public benefits, such as SSI and Medicaid, important to the client? The attorney must consider the restrictions on distributions. There are three important factors that must e considered before determining to use a self-settled…<\/span><\/p>\n
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