Third-Party Special Needs Trusts in Louisville, KY

Provide For A Loved One And Protect Benefits

Family-funded SNTs with long-term flexibility

Third-party Special Needs Trusts in Louisville, KY let parents, grandparents, and relatives set aside funds for a loved one without disqualifying SSI or Kentucky Medicaid. Cochran Gersh Law Office drafts trusts that enhance daily life-therapies, adaptive tech, education-while keeping benefits intact across Jefferson County neighborhoods.

Why Families Choose Third-Party SNTs

No Medicaid payback and better estate control

Unlike first-party SNTs, third-party versions typically have no Medicaid payback. You choose remainder beneficiaries-siblings, nieces, a charity-so unused funds go where you intend. We align this plan with your estate planning to keep wills, trusts, and beneficiary designations consistent.

Coordinate Documents

Funding Options That Fit Real Life

Gifts today and inheritances later

You can fund during life or at death through your will, a revocable living trust, life insurance, or beneficiary designations. We'll prevent accidental direct gifts to the beneficiary by mapping how each account should pass.

Review Funding

Choosing Trustees And Successors

People and institutions that get the rules

A reliable trustee understands SSI and Medicaid restrictions and keeps tight records. We outline options: family with professional support, co-trustee setups, or institutional trustees used to SNT administration around Louisville.

Select A Trustee

ABLE Accounts Plus a Third-Party SNT

Everyday expenses without red tape

An ABLE account can handle small, frequent purchases while the SNT holds larger assets. We coordinate limits, transfers, and reporting so benefits stay on track.

Discuss ABLE + SNT

Our Process For Third-Party SNTs

From family goals to funded plan

Clarify priorities and future caregivers.
Draft the third-party SNT. 
Establish trustee procedures and a spending guide. 

Cochran Gersh Law Office remains available as needs evolve.

Answers To First-Party SNT Questions

Five answers owners want before they sell

  • Can multiple relatives contribute?

    Yes-grandparents, aunts, and uncles can add funds during life or at death. We'll set clear instructions so money flows into the trust, not to the beneficiary directly.

  • Do we need a separate tax ID?

    Often yes for administration and reporting. We coordinate with your CPA on EINs and returns as needed.

  • What if our child moves out of Kentucky?

    We draft flexible language and prepare a transition plan so new providers recognize the trust.

  • Can the trustee pay rent or food?

    Payments for housing or food can affect SSI; we explain options and how to weigh trade-offs against quality-of-life needs.

  • Should we name co-trustees?

    Co-trustees add oversight; a single trustee may move faster. We'll match structure to family dynamics and availability.

Ask A Question