QUESTION
Does a beneficiary from the trust court created settlement award grantor trust have to have SSI?
Asked on Jul 11th, 2015 on Estate Planning - Washington
More details to this question:
Does the beneficiary have to have a disability and this disability recognized by the SSI at the time the first party special needs trust is created?
1 ANSWER
Thomas Edward Gates
No, however, they would not be permitted to benefit from the Trust until they qualify having a disability. It does not have to be SSI recognized.
Answered on Jul 15th, 2015 at 11:03 AM