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Elder Law
: Law Office of Donald D. Vanarelli BlogKey Decisions in Setting Up a Special Needs Trust
By dvanar
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Simply defined, a trust is an agreement between two people — a grantor who donates funds to the trust and a trustee who manages those funds according to the grantor’s wishes, which are laid out in a trust document. The funds in the trust are typically used to assist a person or group, called the trust beneficiary. Although it may sound complicated, at heart a special needs trust is merely a trust established for the benefit of someone with special needs.
Special needs trusts general read more
Full post as published by Law Office of Donald D. Vanarelli Blog on January 10, 2009 (boomark / email).
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