Special Needs Trusts

In Protect Public Benefits for Your Special-Needs Client, Trial, June 2005, at 44, Jason D. Lazarus, a member of The Cochran Firm, dispels a dozen common myths about special-needs trusts.

Here a few examples of the debunked myths:

• “Clients who receive Medicare and Social Security Disability Insurance require special-needs trusts.”
• “My client’s special-needs trust can pay for anything.”
• “A structured settlement alone will preserve my client’s Medicaid eligibility.”
• “At the client’s death, funds left in the special-needs trust will go to his or her beneficiary.”