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What kind of trust should I use for a disabled loved one? | NC

Pierce Law Group

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Q: What kind of trust should I use to hold money for a disabled loved one’s needs? A: The answer usually depends on whose money will go into the trust. If a family member wants to use their own money, a third-party special needs trust is usually the better choice. It can help support the disabled loved one without giving them direct control of the funds. If the money already belongs to the…

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