Special needs trust
Term · Law · MLC-T-LAW-004613
A legal arrangement designed to hold assets for the benefit of a person with a disability without disqualifying them from government benefits. The trust's funds are used to pay for expenses not covered by public assistance programs, such as Medicaid or Supplemental Security Income. These trusts are established in accordance with specific state and federal regulations.
| Identifier | MLC-T-LAW-004613 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004613",
"term": "Special needs trust",
"field": "Law",
"definition": "A legal arrangement designed to hold assets for the benefit of a person with a disability without disqualifying them from government benefits. The trust's funds are used to pay for expenses not covered by public assistance programs, such as Medicaid or Supplemental Security Income. These trusts are established in accordance with specific state and federal regulations.",
"url": "https://mlchart.com/terminology/law/special-needs-trust/"
}
Record 4,699 of 5,441 in Law terminology (MLC-0107). Request the full dataset.