SNA Trust Services
Fiduciary liability is a major concern in Special Needs Trusts:
If public benefits are lost because of improper distributions
or asset management, the trustee and planners of the original
settlement are liable. Clearly, a trustee of a Special Needs
Trust bears significant legal responsibilities.
How can we help? Turn to a Special Needs Alliance lawyer when
you need a qualified representative to:
Properly invest and manage the Trust's assets.
Coordinate and make distributions of the Trust
assets in a way that does not disqualify the beneficiary
from receiving public benefits.
Provide reliable reporting and accounting
of Trust assets and Trust management.
Educate the trustee and beneficiary about
proper Trust payments and fiduciary responsibilities.
Allocate Trust assets in accordance with prudent
investment standards.
Counsel the trustee on tax law and public
benefits.
Prepare guardian/conservator accountings.
Prepare and file Trust tax returns.
Prepare and file tax returns for the beneficiary.
Determine the appropriate payback to the government for public
benefits received during the life of the disabled person.
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