by Thomas D. Begley, Jr., CELA<\/p>\n
Individuals with disabilities are often able to travel and take vacations. A special needs trust can pay for vacations, but there are different rules that apply to third-party special needs trusts as opposed to first-party special needs trusts with respect to these payments. First-party special needs trusts must adhere to the \u201csole benefit of\u201d rule with respect to distributions for a trust beneficiary. This means that, generally, distributions can only be made for the benefit of the beneficiary. If others receive an incidental benefit, they must pay their pro rata share. The \u201csole benefit of\u201d rule does not apply to third-party special needs trusts, so administration of these trusts is much easier.<\/p>\n
An issue often arises as to whether the payment for a hotel room and food on a vacation, or (more…)<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" [This article was originally printed in the Straight Word, a publication of the Burlington County Bar Association.] by Thomas D. Begley, Jr., CELA Individuals with disabilities are often able to travel and take vacations. A special needs trust can pay…<\/span><\/p>\n