Special Needs Trust in Louisville, KY
Planning For Loved Ones With Disabilities
Support today without losing tomorrow's benefits
A Special Needs Trust in Louisville, KY allows family and friends to provide extras-therapy, education, transportation, technology-without jeopardizing SSI or Kentucky Medicaid. Cochran Gersh Law Office helps parents, grandparents, and caregivers across Jefferson County put the right structure in place.
What A Special Needs Trust Can Do
More than a bank account
An SNT holds assets under a trustee's control and pays for
supplemental needs the agencies won't. Done properly, it preserves eligibility while improving daily life in neighborhoods from the Highlands to Anchorage.
First-Party vs. Third-Party SNTs
Choosing the right trust for your situation
First-party SNTs use the beneficiary's own funds (like an injury settlement) and generally include Medicaid payback at death. Third-party SNTs are funded by others and can direct any remainder to siblings or charities. We'll help you decide which fits your family plan and
estate planning
documents.
Trustees, Reporting, And Practical Rules
How to manage the trust day to day
Trustees must avoid giving cash directly, track receipts, and understand when housing or food payments may affect SSI. We set up spending guidelines, recordkeeping, and
annual reports so the trust stays compliant and useful.
ABLE Accounts And SNTs Together
When an ABLE account adds flexibility
For smaller, frequent expenses, an
ABLE account can complement the trust, giving the beneficiary controlled access for qualified disability expenses while the SNT holds larger sums.