What is a special needs trust and how does it work?

A special needs trust is a type of trust set up to benefit a person with physical, mental, or emotional disabilities. It is designed to provide supplemental items such as medical treatments, education, housing, and other services that the beneficiary may not be able to receive on their own. In West Virginia, the trust is set up by the trustor, usually a parent, grandparent, or other family member, and managed by a trustee, who is responsible for managing the funds and ensuring that they are used only for allowable expenditures. Funds from the trust can be used to pay for specific items and services authorized by the trustor, such as medical and dental care, therapies and treatments, adaptive technology and equipment, food and clothing, education and vocational training, recreational activities, and housing. It can also pay for services to help the beneficiary manage the trust and make informed decisions. The trust does not replace the responsibility of the government or other organizations to provide assistance to disabled individuals. Rather, it provides additional financial support, ensuring that the beneficiary is able to live a life of greater quality and independence. Special needs trusts can be tailored to meet the individual needs of the beneficiary, ensuring that funds are allocated for appropriate items and services.

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What is a special needs trust and how does it work?

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