If you are caring for a loved one living with a disability, you may be interested in learning about a legal document called the Third-Party Special Needs Trust (SNT). This type of trust is funded by a family member or friend, and can be coordinated with an estate plan or life insurance policy. This trust is compliant with state and federal law and is designed to provide benefits to and protect the assets of individuals with disabilities without jeopardizing eligibility for government benefits.
Follow this link to the Commonwealth Community Trust (CCT) to read more about what this Trust can provide to you and the loved one you are caring for.
Commonwealth Community Trust is a 501(c)(3) national nonprofit organization that administers affordable and efficient pooled special needs trusts for people with disabilities.