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What kind of assets can be used to fund a Special Needs Trust?

April 26, 2017assets fund Trust Used

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What kind of assets can be used to fund a Special Needs Trust?

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All kinds of assets may be used to fund a Special Needs Trust including inheritances, insurance proceeds, settlements etc. Many special needs trusts are funded through “survivorship” or “second-to-die” life insurance policies that cover both parents and pay out on the death of the last to die.