DISABILITY SCOOP: New Law Expands Access To Special Needs Trusts
Thanks to a new law which recently took effect, people with disabilities can now create their own special needs trusts. Previously, these trusts could only be setup by a parent, grandparent, guardian, or a court. The Special Needs Trust Fairness Act was approved by the Senate awhile ago and passed by the House in September; however, due to some differences in the House version, it was returned to the Senate, and bundled into the 21st Century Cures Act which was recently signed by the President.