If you are the parent of a special-needs child, figuring out long-term care or income for your child can be an anxiety-provoking experience. Especially when you find out that having even a little money in the bank can disqualify your child from receiving assistance such as Medicaid or Social Security/Disability benefits.
A special-needs trust, or supplemental trust, allows money to be held in a trust so that your child can still qualify for Medicaid or Social Security/disability income.
Here’s an excellent article about this form of trust:
