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A Special needs trust is a legal entity that can be used to set aside money for the benefit of an individual who has a disability.
Current law dictates that your loved one with an individual may have more than $2000 in income or assets to qualify for Medicaid services or Social Security benefits. A special needs trust can protect your loved one's eligibility for services and enhance his or her quality of life.
Special needs trusts can pay for supplementary items that can improve an individual's life, including: