A special needs trust is an account managed by a qualified third party for excess funds that may be accumulated by your loved one that could otherwise put your loved one’s benefits at risk due to an accumulation of assets in excess of the allowable amount by Medicaid to maintain eligibility. This account will secure those funds, and prevent them from being counted as assets in determining eligibility for benefits. There are several rules about what the money, once deposited in the trust account, can be used for. These rules govern withdrawals, but the rules do not preclude the use of the funds for most needs. There are some minor fees associated with the maintenance of a special needs trust, but we believe the advantages far outweigh the disadvantages for those who are at risk of loss of benefits due to excess assets.