Trust For Disabled Child

• Category: Trusts - Supplemental Needs
• State: Multi-State
• Control #: US-03304BG
• Format: Word; Rich Text

Description

The Trust for Disabled Child is a legal document designed to create a Supplemental Needs Trust, ensuring that a disabled beneficiary receives support without jeopardizing their eligibility for government benefits. This trust is established by a Grantor for the benefit of a designated beneficiary and is irrevocable, meaning that once created, its provisions cannot be altered or revoked. The trust allows the Trustee to manage the funds, which are intended to supplement, not replace, any public assistance the beneficiary may receive. The Trustee has discretion over disbursing funds for the beneficiary's care and well-being while retaining the ability to accept additional funding from other sources. Attorneys, paralegals, and legal assistants can utilize this form to help clients protect the financial interests of a disabled family member while complying with legal guidelines for trust management. This form provides clear filling instructions and can be customized based on individual needs. Key use cases include estate planning for parents of a disabled child, ensuring financial security without impact on government aid, and setting up a legal framework for future needs. Legal professionals can guide their clients through the process, ensuring compliance with applicable state laws and best practices in trust administration.