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258: A Guide to Trustee Selection & Protectors
Manage episode 451262565 series 3490567
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Special needs trusts are an essential tool for families who want to ensure the long-term financial security of their loved ones with disabilities. However, I know firsthand how overwhelming and confusing navigating the world of trusts can be.
In this episode of Parenting Impossible, I break down the essentials of special needs trusts in an accessible way. I share practical tips for choosing the right trustee and explain their responsibilities. Trustee’s are important—not just in managing the trust, but in making sure the beneficiary continues to receive the care and services they need. My goal is to simplify what often feels like a daunting process, stressing that choosing the right trustee, maintaining open communication, and making informed decisions are key to supporting the well-being and future of those we love.
In this episode, you will hear:
An overview of the responsibilities of a trustee.
How special needs trustees differ from regular trustees.
What factors should be considered when selecting a trustee.
How trust distributions affect public benefits eligibility.
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