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What are the requirements for a special needs trust?

Only a parent, grandparent, guardian, or the court itself can establish an SNT. Such trusts must be irrevocable, meaning they cannot in any way be revoked by the grantor or donor.

When establishing such a trust, you’ll need to consider the beneficiary’s age, the type of assets the beneficiary has or is expected to have, and who will manage the trust if you or your child cannot.

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