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I have a special needs trust and am applying for SSDI

Customer Question
(Social Security Disability Insurance). Does...
I have a special needs trust and am applying for SSDI (Social Security Disability Insurance). Does what I receive from the special needs trust qualify as income for the purposes of an SSDI application?
JA: Since estate law varies from place to place, can you tell me what state this is in?
Customer: Virginia
JA: Has anything been filed or reported?
Customer: I have filed taxes and the trust is included in the return.
JA: Anything else you want the lawyer to know before I connect you?
Customer: The trust was originated in Vermont where my mother lived.
Submitted: 8 months ago.Category: Tax
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Answered in 13 minutes by:
5/16/2017
Tax Professional: Chad EA, CFP ®, Enrolled Agent replied 8 months ago
Chad EA, CFP ®
Chad EA, CFP ®, Enrolled Agent
Category: Tax
Satisfied Customers: 1,143
Experience: Federally licensed IRS Enrolled Agent, Certified Financial Planner (R), MBA
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Hello, My name is***** am a Certified Financial Planning ® Professional. Welcome to JustAnswer!

I will be able to assist you today. In what year year was the special needs trust established?

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Tax Professional: Chad EA, CFP ®, Enrolled Agent replied 8 months ago

Additionally, how was the trust initially funded? Did you fund the trust or was the trust established by someone other then the beneficiary?

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Tax Professional: Chad EA, CFP ®, Enrolled Agent replied 8 months ago

In General, the assets inside the special needs trust are exempt for purposes of eligibility for SSDI. Distributions may affect your benefits, if the distributions are made in cash and given directly to the beneficiary.

I hope this answered your question. My goal is to ensure you have received the answer to your question and have no further questions.

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Regards,

Chad CFP ® professional

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Tax Professional: Chad EA, CFP ®, Enrolled Agent replied 8 months ago

Hello,

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I look forward to working with you in the future and I hope you feel that I provided you with 5 Star services

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Chad CFP ® professional

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Chad EA, CFP ®
Chad EA, CFP ®
Chad EA, CFP ®, Enrolled Agent
Category: Tax
Satisfied Customers: 1,143
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Experience: Federally licensed IRS Enrolled Agent, Certified Financial Planner (R), MBA

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