Okay, I want PLAN, but I’m not wealthy. How can I fund a Special Needs Trust?
Actually, a Special Needs Trust is not for the wealthy who need not be concerned with protecting government assets. A Special Needs Trust does not have to be funded immediately. Once the family has enrolled in PLAN, the Special Needs Trust can be made available for any member of your extended family to enjoin should they wish to leave money or marketable assets to your child upon their death. Many families fund the Special Needs Trust with what they consider their loved one’s “share” in the family home. Others purchase an insurance policy or direct their retirement residuals to fund the Special Needs Trust after their death.
