Supplemental Needs Trusts
May 20, 2008
Timing of Trust Creation and Funding
When to create SNT?
As soon as present or future need is anticipated
When to fund SNT?
15.1 – usually at death of parent, grandparent, or other family member or close friend
Prior to disabled person’s application for SSI or Medicaid if disabled person has over $2,000 of assets without spend down opportunities
Thereafter if disabled person receives assets
How much to fund SNT???