Drafting for Flexibility in Special Needs Trusts (Special Needs Alliance: Special Needs Require Special Lawyers.‪)‬

Bill and Laura want a special needs trust for their son, Tom, who has a disability and is receiving Medicaid. But they are not sure whether his disability is permanent or if he will be able to work or manage money on his own in the future. Because a special needs trust for Tom may last his lifetime, it is important that the trust have sufficient flexibility to adapt to changing circumstances. This article will discuss several areas where flexibility can be important. Amendment Provision