A special needs trust allows appointment of a person to hold money and property for the benefit of a physically or mentally disabled individual. This type of trust provides for the needs of a disabled individual while ensuring eligibility for Social Security and Medicaid is maintained. They are usually funded by insurance policy proceeds (a parent dies and the life insurance is left to the disabled child), inheritances, gifts of property and money from family and friends, and settlements from lawsuits. Ultimately, special needs trusts are a very important tool for families of disabled children and siblings, as well families of disabled elderly parents.
If a Relative Requires a Special Needs Trust, Contact Brown Law.
While we at Brown Law do not personally handle conservatorships, we know very good, reasonably priced attorneys who do. We are more than happy to speak with you about your situation, and provide you with a referral to an attorney who can help you with your Utah special needs trust. To schedule an appointment, contact the attorneys at Brown Law by submitting our online contact form or by calling 801-685-9999 or 800-299-1016.
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