{"id":5569,"date":"2023-02-02T12:23:00","date_gmt":"2023-02-02T17:23:00","guid":{"rendered":"https:\/\/actec.matrixdev.net\/?post_type=video&p=5569"},"modified":"2024-05-06T15:12:07","modified_gmt":"2024-05-06T19:12:07","slug":"understanding-special-needs-trusts","status":"publish","type":"video","link":"https:\/\/actec.matrixdev.net\/resource-center\/video\/understanding-special-needs-trusts\/","title":{"rendered":"Understanding Special Needs Trusts"},"content":{"rendered":"\n
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There are several types of Special Needs Trust (SNT): First-Party Special Needs Trusts, Third-Party Special Needs Trusts, and Pooled Special Needs Trusts. A first-party special needs trust is funded with the disabled individual’s assets and is typically used to protect their eligibility for government benefits while covering additional expenses. On the other hand, a third-party special needs trust is funded by someone other than the beneficiary, like a family member, to provide for the disabled individual without affecting their eligibility for government assistance programs.<\/p>\n\n\n\n

ACTEC Fellows\u00a0Chang H. Chae<\/a>\u00a0and\u00a0Stuart D. Zimring<\/a>\u00a0explain the differences and offer tips to families in determining which Special Needs Trust they should use.<\/p>\n<\/div>\n\n\n\n

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\"\"<\/a>
Chang H. Chae<\/figcaption><\/figure>\n<\/div>\n\n\n\n
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Stuart D. Zimring <\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Estate planning experts explain the different types of Special Needs Trusts (SNT) and offer tips to families to determine which one they should 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