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What types of assets might an individual place in a self-settled special needs trust?

April 26, 2017assets individual self-settled Trust types

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What types of assets might an individual place in a self-settled special needs trust?

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Self-settled special needs trusts are often established by individuals who have received a personal injury settlement (perhaps, but not necessarily, arising out of the incident that caused the disability) or inheritance. More rarely individuals with pre-existing wealth determine that it would be advisable to create a special needs trust.