• erickearney

SNT Fairness Act Update


The SNT Fairness Act is included in a major end of year health package. The House plans to vote on the package Wednesday November 30th. The health package is called the 21st Century Cures Bill. The Special Needs Trust Fairness Act attempts to fix a problem that prevents disabled, but competent, individuals from establishing their own Special Needs Trusts.

Under current law, a special needs trust can only be established by parents, grandparents, legal guardians, or a court. Individuals wanting to set up special needs trusts for themselves have to file a petition with a court, which can take many months.

The provision in the pending legislation allows non-elderly individuals with disabilities to establish their own special needs trust without having to file a petition with a court. A special needs trust is a specific type of trust defined in Medicaid statute that can only be established on behalf of non-elderly individuals with disabilities

Information on the pending legislation can be found here.

#SpecialNeedsTrust

16 views0 comments

Recent Posts

See All

Married Couples Need an Estate Plan

Don’t assume your estate will automatically go to your spouse when you die. If you don’t have an estate plan, your spouse may have to share your estate with other family members. If you die without an

When Should You Update Your Estate Plan?

Once you've created an estate plan, it is important to keep it up to date. You will need to revisit your plan after certain key life events, including marriage, the birth of children, divorce or the d

Law Office of Eric M. Kearney, LLC

4511 SE Hawthorne Blvd. Ste 215

Portland, OR 97215

(503) 205-7051

View my profile:

  • LinkedIn App Icon