Person with special needs definition
Examples of Person with special needs in a sentence
Person with special needs is defined as a potential participant whose individual physical, mental or health-related situation is such that his/her participation in the project / mobility action would not be possible without extra financial support.
Person with special needs is defined as a potential participant whose individual physical, mental or health-related situation is such that his/her participation in the project/mobility action would not be possible without extra financial support.
Each individual sub-account established by one or more Donors for a particular Person with special needs shall be held and administered by the Trustee as a separate account or “sub-trust” and separate records shall be maintained for each such separate account; however, all such trust assets may be commingled by the Trustee for investment and other purposes for the overall benefit of all of the beneficiaries.
The Special Needs Trust Foundation shall advise the Trustee regarding the propriety and suitability of proposed or requested distributions for the benefit of a Person with special needs.
The Trustee shall disburse Master Trust income or principal to purchase property or services for the Person with special needs from that person’s individual sub-account, consistent with the Trust’s purpose and objective and in accordance with Article Five of the Master Trust Agreement and Section G of the Joinder Agreement.