Special Needs Trusts: Planning and Administration Fundamentals

$149.00

SKU: 409191

Description

Understand multiple special needs trust options and how they can work together for your clients specific needs.
This presentation provides insights into the legal aspects of Special Needs Trusts. Attendees will gain an understanding of the relevant laws, government programs that may apply to their clients, and the various trust options available. The session will also cover the intricacies of tailoring trusts to suit individual client requirements, along with exploring available funds or investment opportunities available. Additionally, participants will be equipped with the knowledge and tools necessary to effectively navigate the complexities of Special Needs Trusts and offer personalized solutions to their clients.

Date: 2023-10-11 Start Time: 1:00 PM ET End Time: 2:05 PM ET

Learning Objectives

* You will be able to review the law underlying the need for special needs trusts.

* You will be able to explain how special need trusts work and how to tailor them to your clients particular needs.

* You will be able to describe firstparty trusts and thirdparty trusts.

* You will be able to discuss an ABLE account verses a special needs trust.

Intro to Special Needs Trusts
• Alphabet Soup of Issues
• Means-Tested V Entitlement Benefits
• Sources of SNT Law

First Party Snts
• Self-Funded, Self Settled
• Sole Benefit
• Medicaid Payback

Third Party Snts
• Third Party Created and Funded
• May Benefit 3Rd Parties
• Not Medicaid Payback

Able vs Snt Comparison
• Able, How Set up, Similar to 529 Educational Account
• Eligibility, Management, See Chart
• Medicaid Payback

Pooled Snts
• Requirements of a Pooled Trust
• Management of a Pooled Trust
• Benefits of a Pooled Trust

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Peter E. Grosskopf-Grosskopf & Burch Law Firm