Special needs trust consultation

A special needs trust is a mechanism that can be used to house some of the proceeds from a workers’ compensation or personal injury liability settlement – providing an enhanced lifestyle for an injured person while preserving his or her eligibility for needs-based benefits like Medicaid and Social Security Income. Protocols^® can help determine if a special needs trust is appropriate to the circumstances of a particular settlement.

Special needs trust funds can be used to provide for needs not covered by government programs – like additional care at home, vacations, companions, vehicles and, in certain instances, a residence. At the death of the disabled individual, Medicaid must be reimbursed from the trust for any amount that it paid for the person’s care.