What are Special Needs Trusts and the Letter of Intent

Have you heard about special needs trusts and the letter of intent, and wondered what they are and if your family and loved one with a disability could benefit from having them as part of your special needs financial plan?

A special needs trust (SNT) allows for a person with a disability to maintain their eligibility for public assistance benefits, despite having assets that would otherwise make the person ineligible for those benefits. The letter of intent is a document that provides guidance and instructions regarding the care and well-being of an individual with special needs.

Please join Ken Prodger and Scott Gill of Special Needs Planning Group as they discuss:
– The differences between a first party, third party, and pooled special needs trusts
– The rules around special needs trust and how to set one up
– How the letter of intent fits into life care planning


This is a Connections California event, a project of Parents Helping Parents – Silicon Valley. Connections California is in part sponsored by the San Andreas Regional Center and the California Department of Developmental Services.

#CCA


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Parents Helping Parents, https://www.php.com/, supports and trains you to help your family members with a disability, including learning differences, chronic illness, mental health challenges, developmental or intellectual disabilities, physical disabilities, and more, at all stages of a person’s life.

PHP serves families in Santa Clara, San Mateo, Santa Cruz, Monterey & San Benito counties in California. Multilingual staff is always available by contacting [email protected]. PHP is a non-profit 501(c)3 agency. Most services are free.

If you live outside the Silicon Valley area, there are similar parent centers in California and every state in the US. Find a parent center near you: https://www.parentcenterhub.org/find-....

Parents Helping Parents (PHP) is a nonprofit organization that provides information, training, individual assistance, and resources. PHP is not a law firm or legal service agency, and as such, the information contained in this video is provided to inform the viewer, but should not be considered legal advice. For legal advice, you should consult an attorney.