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Can a Special Needs Trust be used to buy a house or pay rent?

April 26, 2017buy House pay rent Trust Used

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Can a Special Needs Trust be used to buy a house or pay rent?

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Yes. However, there are some strict SSI and Medicaid regulations affecting the use of Special Needs Trusts (or any third-party payment) for shelter. For example, if the beneficiary dies, the home would be subject to the Medicaid payback provision and the home may be lost. Before buying a house through the Trust, consult an experienced lawyer [LINK TO “Find a Member”] =–> knowledgeable about the intricacies of federal benefit programs.