Trust For Handicapped Person

State:
Multi-State
Control #:
US-03304BG
Format:
Word; 
Rich Text
Instant download

Description

The Trust for handicapped persons, formally known as the Supplemental Needs Trust, is an essential legal document created to support individuals with disabilities without jeopardizing their eligibility for government benefits. It allows the Grantor to designate a Trustee who will manage and dispense the Trust assets for the benefit of the disabled benefactor. The Trust is irrevocable, meaning the Grantor gives up the ability to alter it after creation, which ensures stability for the beneficiary's support. With initial and additional funding provisions, the Trust enables the Trustee to use assets to enhance the quality of life for the beneficiary while respecting their existing benefits. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides clear instructions for its completion and outlines the responsibilities of the Trustee. Stakeholders can edit specific sections, such as names and addresses, per individual case requirements to tailor it to the unique needs of each client. The Trust’s language emphasizes the importance of maintaining independence and ensuring necessary support for those who depend on such funds. Moreover, it includes provisions for distribution upon the beneficiary's death and describes conditions around the Trustee's authority, helpful for legal professionals navigating trusts for clients with disabilities.
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  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary
  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary
  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary
  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary
  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary
  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary
  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary
  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary
  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary
  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary
  • Preview Supplemental Needs Trust for Third Party - Disabled Beneficiary

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FAQ

You can email the department at unclaimedproperty@mt.gov or call toll free 1-866-859-2254, or in Helena, 444-6900, to have the DOR do a search for you.

Montana Dormancy Periods Generally, most property types have a five-year dormancy period. Accounts are considered dormant if the owner of a property has not indicated any interest in the property or if no contact has been made by the owner for the allotted dormancy period for that property.

County Land Records The county recorder also has records of patents on timber and mining claims as well as real property assessment books and plat books. Copies of county land records can be found for many Montana counties in the FamilySearch Catalog under Montana>[County]>Land and property.

The most common types of Unclaimed Property are: Bank accounts and safe deposit box contents. Stocks, mutual funds, bonds, and dividends. Uncashed cashier's checks and money orders. Certificates of deposit. Matured or terminated insurance policies. Estates. Mineral interests and royalty payments.

814 - ABANDONED PROPERTY. (1) Property left unattended for more than 48 hours may be impounded, except where otherwise posted. Vehicles found abandoned are subject to 61-12-401, MCA.

Unclaimed funds are funds held by the court for an owner or recipient who is entitled to the money, but who has failed to claim ownership or who cannot be located and payment has been returned.

Search Unclaimed Money & Property | Montana . Montana.

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Trust For Handicapped Person