ERIC Number: EJ841777
Record Type: Journal
Publication Date: 2009-May
Pages: 3
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-0046-9157
EISSN: N/A
Special Needs Trusts and Religious Institutions
Schlereth, Ernest M.
Exceptional Parent, v39 n5 p52-54 May 2009
In many ways, families who have children with special needs are similar to most other families. They share a daily routine, watch movies and eat popcorn on the weekends, and enjoy vacationing together at a beach or camp. All parents want their children to have access to good schools and the best possible healthcare. Most importantly, parents hope their children will be nurtured and respected in a caring, safe environment both in and outside the home. Accordingly, many families value the broader sense of community that often comes with attendance at a church, synagogue, or other place of worship. Despite these similarities, families of children with special needs also have unique challenges arising from the nature of the disabilities involved, as well as the child's long-term financial needs. The special needs trust (SNT) has become a valuable tool to assist such families with managing assets for a child's benefit during the parents' lifetimes and after their deaths. This article provides an overview of special needs trusts and discusses how a gift to a religious institution becomes a benefit to the beneficiary.
Descriptors: Trusts (Financial), Disabilities, Religious Organizations, Private Financial Support, Money Management, Trustees
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A