Course Provider
Learning Objectives
Discuss a general overview of Special Needs Trusts (SNTs) including eligible assets, OBRA 93 requirements and exclusions, the SNT Fairness Act, distribution requirements, trust drafting, reporting requirements and Public Benefit Agency Guidance/Oversight
Identify Special Needs Planning tools for special family members including 3rd party trusts, alternatives to SNTs, funding and administering SNTs and real estate
Recognize the use of Pooled Special Needs Trusts: Problems they can solve, comparison of different types in PA, common administration issues
Discuss ABLE: Overview, ABLE account summary and requirements, distributions, payback to State, tax consequences, transfers of ABLE accounts, planning/coordination, cost effectiveness, proposed changes to Federal law