supplemental needs trust

A trust established to provide supplemental income for a disabled beneficiary who is receiving or may be eligible to receive government benefits.

• This type of irrevocable trust is often used by parents of disabled children to ensure the beneficiary’s eligibility for government benefits by expressly prohibiting distributions that may be used for the beneficiary’s food, shelter, or clothing.

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词条贡献者

译者Pablo，毕业于国内一流的高级翻译学院，擅长翻译各种与消费者财务监管相关的法律文件。