Trustee Advisor, Trust Advisory Committee or Trust Protector in a Special Needs Trust Situation

Where there is a professional trustee rather than a family trustee, there may be a trust advisor, trust advisory committee or a trust protector. Trustee Advisor. A commonly used technique is to name a trustee advisor. A trustee advisor can advise the trustee without actually making decisions. In most cases, the independent trustee will rely…

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Four Alternatives to Self-Settled Special Needs Trusts

A self-settled special needs trust is not appropriate in every instance where a person with a disability receives a tort recovery, an inheritance, or equitable distribution. At the initial contact, the special needs trust attorney should make a determination as to whether or not the trust is appropriate and explain to the person with a…

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