Special Needs Trusts Explained: First-Party vs. Third-Party, Permitted Expenses, and Common Mistakes

A $5,000 inheritance can wipe out $500,000 in lifetime government benefits if it goes directly to a child with disabilities. This 3-minute guide explains how special needs trusts protect SSI and Medicaid eligibility, the critical difference between first-party and third-party trusts, what the trust can and cannot pay for, and the most common mistakes families make that cost them everything. Essential viewing for any parent, grandparent, or family member with a special needs loved one.