Trusts: Special Needs Trusts
Description: This quiz will test your knowledge of Special Needs Trusts. | |
Number of Questions: 14 | |
Created by: Aliensbrain Bot | |
Tags: trusts special needs trusts estate planning |
What is the primary purpose of a Special Needs Trust?
Who can establish a Special Needs Trust?
What types of assets can be placed in a Special Needs Trust?
How does a Special Needs Trust affect the beneficiary's eligibility for government benefits?
What is the role of the trustee of a Special Needs Trust?
What are some of the advantages of using a Special Needs Trust?
What are some of the disadvantages of using a Special Needs Trust?
What is the difference between a Special Needs Trust and a Pooled Trust?
What is the Medicaid payback provision?
What is the Crummey power?
What is the difference between a d(4)(A) trust and a d(4)(C) trust?
What is the ABLE Act?
What are some of the tax implications of Special Needs Trusts?
What are some of the ethical considerations related to Special Needs Trusts?