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September 2014

The benefits of a Supplemental Needs Trust for special needs children

As a child grows up, a parent’s biggest financial concern might be saving for college. But it might be wise to look ahead even further to help ensure your son or daughter is financially prepared for their future. Fortunately, that’s where a Supplemental Needs Trust (SNT) comes in. These special trust funds were instituted to help parents of special needs children have a secure place to save money for their child’s future, while ensuring that they remain eligible for their governmental benefits. The funds are designed to supplement your child’s future benefits - not replace them — and ultimately enable a...

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