Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If the donors financial status changes can the assets in the special needs trust be reclaimed?

0
Posted

If the donors financial status changes can the assets in the special needs trust be reclaimed?

0

If the trust has been established as a revocable trust by a donor other than the beneficiary or his/her spouse, all or part of the funds may be reclaimed during the donors lifetime. Trusts established with the beneficiarys own resources are irrevocable and require Medicaid payback at the termination of the trust.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123