Reply to Special Needs Trust - professional trustee or family member?

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[quote=Anonymous]
OP - WE have adult daughters now in early 40s married with middle schoolers, jobs and basically a busy life like yours.  So now as we update future planning documents, it is "real" and not some hypothetical idea of the future.  In our case, we are viewing that there will be three persons involved in the future for our two daughters, their sister and us, their parents.  In your case, this is also the time to get things as much as you can in line with your dad.  I agree that having a family member as the trustee is the optimal goal.  However, there are times when a co-trustee of a lawyer (part of a group rather than a sole practitioner for continuity) or bank might be best.  And I think depending on the circumstances of the family member trustee be open to listening to them about the kind of resources one might want.  It could be such things as an accountant to be sure all financial expenditures are handled correctly/taxes on the SNT filed etc, a service set up to bill pay for the disabled person, a representative payee appointed to handle incoming monthly benefits checks/wages if one is working, etc.

Again, appointing a trustee for a Special Needs Trust is only one aspect of future planning.  There are online resources such as The Arc which actually has a FREE online future planning portal that provides information on topics to consider and could be a workspace to develop a document over time.  Also, the Special Needs Alliance is a good, FREE website to learn about the various aspects of SNTs.  You can also receive a FREE newsletter written by lawyers on current topics related to the SNT.   An important aspect is to be sure you work with an experienced lawyer in setting up the SNT.[/quote]

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