Choosing a trustee is never an easy decision. When there is a child with special needs and a special needs trust, the decision becomes even harder, and more critical. We frequently recommend a corporate trustee for a special needs trust because of the complexity surrounding distribution rules, the importance of maintaining eligibility for government benefits and the need for professional management and investment. We often recommend an Advisory Committee made up of family members, friends and others that play an important role in the life of the special needs person. Including a Trust Protector is a special needs trust can also be important in the event there is a need to remove or replace an existing trustee or for the purpose of amending the trust in the event the law changes.
For more information on special needs trusts, selecting a special needs trustee and protecting your loved one with special needs, please don't hesitate to call on us.
Case Raises Serious Issues About Special Needs Trustees
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