Beneficiary with a disability means a beneficiary of a first trust who the special-needs fiduciary believes may qualify for governmental benefits based on disability, whether or not the beneficiary currently receives those benefits or is an individual who has been adjudicated an incapacitated person.
Beneficiary with a disability means a beneficiary of a first trust who the special-needs fiduciary believes may qualify for governmental benefits based on disability, whether or not the beneficiary currently receives those benefits or is an individual who is subject to a guardianship, a conservatorship or a protective arrangement.[PL 2021, c. 235, §1 (NEW).]
Beneficiary with a disability means a beneficiary of a first trust
Examples of Beneficiary with a disability in a sentence
The trustee of the payback SNT must always have a reasonable argument that any disbursement falls into the medical or social services areas and are for the sole benefit of the Beneficiary with a disability.
This brochure will discuss only the responsibilities in serving as a Trustee of a First Party SNT.A First Party SNT is a trust that is funded with the assets of the Beneficiary with a disability.
Unlike the payback trusts, these trusts in most states do not require Medicaid payback upon the death of the Beneficiary and need not be established for the sole benefit of the Beneficiary with a disability, and therefore, do not raise the potential liability issues of payback trusts.
More Definitions of Beneficiary with a disability
Beneficiary with a disability means a beneficiary of a first trust who the special-needs fiduciary
Beneficiary with a disability means a beneficiary of a
Beneficiary with a disability means a beneficiary of the first trust who the authorized trustee believes may qualify for government benefits based on disability, regardless of whether the beneficiary currently receives those benefits or has been adjudicated incapacitated.
Beneficiary with a disability means a benefi- ciary of a first trust who the special−needs fiduciary believes in good faith is an individual with a disability.
Beneficiary with a disability means a beneficiary of a first trust who the special needs fiduciary reasonably believes qualifies for governmental benefits based on disability, whether or not the beneficiary currently receives governmental benefits or has been adjudicated incapacitated.
Beneficiary with a disability means a beneficiary of a first trust who the special-
Beneficiary with a disability means a beneficiary of the first trust who the trustee believes may qualify for governmental benefits based on disability, whether or not the beneficiary currently receives those benefits or is an individual who has been placed under a guardianship or conservatorship under chapter 11.130 RCW.