ICLE | Use Trust Directors with Special Needs Trusts
Use Trust Directors with Special Needs Trusts
On-Demand Seminar (Posted 03/29/21) | Level: Intermediate
Cosponsored by the Probate and Estate Planning Section of the State Bar of Michigan

A special needs trust (SNT), particularly a third-party SNT, is likely one of the longest-lasting trusts you will create. Using a trust protector can help insure that the settlor's wishes are carried out and that the beneficiary's benefits are protected in the long term. Get specific language to create a trust protector, other clauses, and the rationale for their use. Review directed trusts and directed trustees, and compare them to what can be accomplished with a trust protector.

Watch so you can:

  • Draft for flexibility in the long term
  • Ease the burden on loved ones
  • Provide acceptance language for the trust protector
  • Use a power of direction to amend the trust
Available Formats
Attend online at your convenience. Includes individual access to electronic materials for three years. These may include written materials, a PDF of the presentation, and any video or audio recordings.
Chris Smith discusses special needs planning and gives some reasons behind using a trust protector...
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