Trusts & Estates

Special Needs Trusts have two primary objectives: fiduciary management and government benefit eligibility.

Managing a Special Needs Trust requires attention to all of the traditional responsibilities of trusteeship–investment management, accounting responsibilities, and tax return preparation. But in many (and perhaps most) cases, there are other, more frustrating and time consuming challenges that lead to “trustee burnout.”

These common misconceptions about trusteeship will help you set expectations of the trustees you work with in your law firm. You will stay ahead of the game and will be able to clarify expectations and prepare them for their responsibility.

This download contains four common misconceptions about Trusteeship in regards to Special Needs Trusts.