Special Needs Trusts in Oklahoma — Protecting Benefits

What a Special Needs Trust (SNT) does

An SNT can supplement a beneficiary’s quality of life while preserving means‑tested benefits like SSI and Medicaid. The trustee manages distributions so the beneficiary does not lose eligibility.

Two main types

• First‑party SNT (beneficiary’s own funds): Often requires payback to the state for Medicaid benefits upon the beneficiary’s death.
• Third‑party SNT (funded by parents or others): No Medicaid payback; lets families set terms for future support.

Oklahoma‑focused planning points

• Coordinate with ABLE accounts where appropriate.
• Define permitted distributions (education, therapies, transportation, care management, etc.).
• Name an experienced trustee and a successor; consider a professional or corporate trustee if needed.
• Keep meticulous records for benefits agencies.

Common mistakes

• Giving cash directly to the beneficiary (can reduce benefits).
• Mixing first‑party and third‑party funds improperly.
• Failing to address housing and “in‑kind support” rules.

Getting started

• Identify funding sources (inheritance, life insurance, gifts, settlements).
• Decide on trustee, caregivers, and advocates.
• Draft the trust and coordinate beneficiary designations and asset titles.

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This post provides general information and is not legal advice. For guidance tailored to your situation, schedule a consultation.

This post is for general informational purposes only and does not constitute legal advice. Every case is unique. Consult a qualified immigration attorney to discuss your specific situation.

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