A special needs trust is used to ensure a loved one who is disabled and needs long-term care or other assistance can use the money and property in the trust without jeopardizing Supplemental Security Income and Medicaid benefits. Assets other than a car or house and furnishings disqualify eligibility for those benefits.
To ensure benefits will not be put in jeopardy, you should consult a Virginia Beach attorney who is experienced in establishing special needs trusts. The trust must be handled precisely and conform to the applicable law and regulations.
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