<img height="1" width="1" src="https://www.facebook.com/tr?id=1854651628150624&amp;ev=PageView &amp;noscript=1">
eldercounsel-blog-logo-white.png

 
eldercounsel blog

Special Needs Trust Fairness Act

We are excited to learn about passage of the Special Needs Trust Fairness Act as part of H.B. 34. This Act will allow a beneficiary with special needs to sign their own first-party special needs trust.  Previously, only a parent, grandparent, guardian or court could establish such a trust.
 
The National Academy of Elder Law Attorneys (NAELA) led the effort to get this important Act passed. It will go into law immediately after being signed by the President, which we expect to happen shortly.
 
ElderDocx® is being updated right now to allow you to choose the beneficiary as the grantor who establishes and signs a self-settled special needs trust with a notation that the trust should not be signed until the Act is signed into law by the President.

Join us on Friday, December 16, at 12:00 p.m. ET for our monthly Final Friday Update webinar. We will have special guests, ElderCounsel Principal, Michael Amoruso and Executive Director of NAELA, Pete Wacht, who will provide important information about this Act and how it will positively impact your practice and your clients.

Final Friday Update
Friday, December 16, 12:00 - 12:30 p.m., ET
Special Guests: Michael Amoruso, ElderCounsel Principal and Pete Wacht, NAELA Executive Director

Register Now

SHARE THIS STORY | |

Subscribe to Blog

Share Article

   

Search

Recent Posts