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Q.Who should have a Special Needs Trust?
A.The primary use of a Special Needs Trust is to provide for a children and individuals with a physical or mental disability, or a chronic or acquired illness, who is or will be receiving government aid, such as SSI/Medi-cal, SSDI/Medicare, or Long Term Care Medi-Cal.
A Special Needs Trust can also be used to provide for a child or heir who suffers from addiction, mental illness, or simply has a poor history of handling money.
A carefully written Special Needs Trust can provide for a vulnerable person without giving him or her complete control of the funds.
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