Special Needs Trust Fairness Act « Special Needs Trusts

Special Needs Trust Fairness Act

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SENIOR MOMENTS: The Special Needs Trust Fairness Act of 2016 (2/1/2017)
The Special Needs Trust Fairness Act allows individuals with a disability, and under the age of 65, to establish their own “payback” special needs trust.

Special Needs Trust Fairness Act Expands Access for Individuals with Disabilities (2/1/2017)
With the simple addition of two words, the Special Needs Trust Fairness Act (the “Act”) empowers mentally competent individuals with disabilities to establish a special needs trust on their own behalf. Effective December 13, 2016, the Act corrects a legislative drafting error that previously made it necessary for such individuals to rely on either their loved ones or a court to advocate on their behalf.