What are examples of expenditures that would not be approved for Trust fund withdrawals?
In the case of PT1, the parent or sponsor can decide what the money can be spent on and empowers CLC to guarantee that their wishes are carried out. Expenses that would not be approved are those expenditures that would endanger the government benefits received by the beneficiary, that the trust is designed to protect. Since cash is counted as income, it should be avoided at all times. Since SSI and Medicaid programs are means-tested, a person is eligible for benefits only if his income and resources are below certain levels. Any income or resource received which causes the person to exceed these levels will result in the partial or full loss of the government benefit. Since SSI payments are intended to pay for food and shelter, the Trust should not be used to pay for these items. These items will constitute “in-kind” income and would most likely result in a 1/3 reduction of the SSI benefit. However, the Trustee can use the trust funds for food and shelter if the Trustee determines that
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