What is a special needs trust?

A special needs trust (SNT) is an important tool in trust and estate law in Kansas. It is a type of trust specifically designed to provide for the financial and medical needs of a disabled individual over the long term. The trust is set up and funded by a family member, usually a parent or guardian, and managed by a trustee. The disabled beneficiary of the trust does not have direct control over the assets of the trust. Instead, the trustee of the special needs trust can use the funds in the trust to pay for medical expenses, medications, housing, food, supplies, and other needs. The trustee also has the authority to make sure the beneficiary is living in an appropriate residence and has access to the appropriate levels of medical care. The trust is set up for the long term and the trustee must be mindful of how to preserve the trust assets and ensure they are not used up too quickly. This is especially important if the beneficiary is expected to live for a long period of time. The funds in the trust can also be used to provide additional financial security or recreational activities for the beneficiary. SNTs are an important tool in trusts and estate law in Kansas, as they provide an individual with special needs with the ability to have their needs met without relying solely on government assistance. They can ensure the individual is able to lead a comfortable and dignified life.

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