Special Needs Trusts: Pros and Cons of Setting One Up Now vs. Including One in Your Will
What will happen to a mentally or physically disabled loved one when you're gone? Who will support them? Depending on their situation, the options for securing their future include setting up a supplemental care or special needs trust (SNT) or an ABLE (Achieving a Better Life Experience) account. In some cases, you can do both. Parents, grandparents, or anyone else with the legal authority to support someone with a disability may create them.