On December 13, 2016, President Obama signed the Special Needs Trust Fairness Act into law. By adding “the individual” to an existing statute, over two decades of unfair treatment to disabled individuals was ended by allowing them to create their own self-settled special needs trusts. This Act empowers capable disabled individuals, who no longer have immediate family members living, to make their own decisions and not be forced to rely on others for their advocacy.
See Bernard A. Krooks & Amy C. O’Hara, Special Needs Trust Fairness Act Becomes Law, Wealth Management, December 16, 2016.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.
