Describe SNT
A special wants trust (SNT) is meant to regulate the distribution of assets in order that if there's a beneficiary United Nations agency is disabled and is eligible for assistance or services from the govt, the cash reaching to that beneficiary mechanically goes to associate SNT therefore as to not disqualify that beneficiary from receiving public edges.
A special wants trust (SNT) is a trust that may preserve the beneficiary’s eligibility for needs-based government edges like Medicaid and Supplemental Security financial gain (SSI). as a result of the beneficiary doesn't own the assets within the trust, he or she will stay eligible for for-profit programs that have an associate quality limit. As a general rule, the trustee can supplement the beneficiary’s government edges however not replace them. samples of supplemental want area unit prices for sitters, companions, and dental or medical expenses not coated by Medicare or Medicaid.
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