In our last post, we looked at three different scenarios that can be addressed through the utilization of some type of trust, and we promised to provide a follow-up. Let’s look at three more objectives that a trust can effectively satisfy.
Special Needs Planning
A significant percentage of people with disabilities qualify for Medicaid and Supplemental Security Income (SSI). These are need-based programs, so they are only available to people very limited monetary resources.
If you intend to leave an inheritance to someone that is relying on these benefits, you have to consider a potential loss of eligibility. Fortunately, there is solution in the form of a supplemental needs trust.
To implement this strategy, you fund the trust and name a trustee to act as the seminar page, and when you identify the session you would like to attend, follow the simple instructions to reserve your spot.
Need Help Now?
If you have already learned enough to know that you should work with an attorney to put an estate plan in place, we are here to help. You can set up a consultation appointment if you call us at 860-548-1000, and you can fill out our contact form if you would like to send us a message.
Mr. Nirenstein is licensed to practice before the courts of the State of Connecticut and the United States District Court. He is a member of the Connecticut and Hartford County Bar Associations, and the Estate and Probate, Elder Law, Business Law and Real Estate Sections of the Connecticut Bar Association.
- Connecticut Estate Administration: 5 Things You Need to Know About Probate - August 18, 2026
- High-Net-Worth Estate Planning: Strategies to Preserve Your Wealth - July 30, 2026
- How to Use a Living Trust to Stagger an Inheritance - July 23, 2026
A Trust Can Be Used to Satisfy These Three Objectives
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