What Is a Special Needs Trust and How Does It Work? | NC

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Q: What is a special needs trust and how does it work for someone with a disability? A: A special needs trust is a trust that holds and manages money for a person with a disability in a way that can help protect eligibility for certain public benefits. How it works depends mainly on whose money is going into the trust. If the money comes from a parent or another family member, a third-party…