Webinar Series: Special Needs Trusts – How They Can Help You Live a Self-Directed Lifestyle

Special Needs Trusts – How They Can Help You Live a Self-Directed Lifestyle

Presented James Giese

Under federal and state law, individuals with disabilities who have more than $2,000 in available assets are not eligible for means tested public benefits such as Medicaid and Supplemental Security Income. However, there is a statute that allows the creation of a Special Needs Trust (SNT). Assets in a SNT are not countable under the rules that apply to Medicaid, and the assets in a SNT will not affect the beneficiary’s ability to receive public benefits. In this webinar, James Giese, Director of Outreach for Wispact, a manager of SNTs will discuss how these trusts and ABLE accounts can be used to help individuals with disabilities to maintain eligibility for public benefits and manage their financial lives.