A legal trust is a separate legal entity for holding and investing property. These legal trusts (The “trustee”) hold property, usually real estate or investments, for the benefit of another or other people (the “beneficiary”). The person who gives the property for the...
Supplemental needs trusts (also known as “special needs” trusts) is designed not to provide essential support but instead to pay for comforts and luxuries that could not be paid for by public assistance funds, such as education, recreation, counseling, and medical...