LEADER 03442nam 22004693 450 001 9910984498703321 005 20240503080329.0 010 $a9781639052691 010 $a1639052690 035 $a(MiAaPQ)EBC7285478 035 $a(Au-PeEL)EBL7285478 035 $a(CKB)31837257600041 035 $a(Exl-AI)7285478 035 $a(OCoLC)1432598418 035 $a(EXLCZ)9931837257600041 100 $a20240503d2023 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aThird-Party and Self-Created Trusts $eA Modern Look 205 $a1st ed. 210 1$aLa Vergne :$cAmerican Bar Association,$d2023. 210 4$dİ2023. 215 $a1 online resource (297 pages) 327 $aCover -- Title Page -- Copyright -- Contents -- Acknowledgments -- About the Authors -- CHAPTER 1 Introduction of Planning for Special Needs with Trusts -- I. Demographics -- A. The Costs of Long-Term Care -- B. Why Plan to Become Eligible for Public Benefits? -- II. History of Trust Planning -- A. Early Trust Practice (No Holds Barred) -- B. MQT -- C. OBRA ?93 -- D. Medicaid Trusts -- III. Distinctions between Self-Settled and Third-Party Trusts -- A. When Can a Self-Settled Trust Actually Be a Third-Party Trust? -- IV. Examples of Various Public Benefits Programs -- V. SNT Requirements Summary -- VI. Vocabulary -- CHAPTER 2 Ethical Issues and Fiduciary Representation -- I. Introduction -- II. Who Is the Client? -- A. First-Party Trusts: Is the Question, ?Who Is the Client?? More Complicated? -- B. Third-Party SNTs: Is the Question, ?Who Is the Client?? Easier to Answer? -- III. When an Attorney Represents the Trustee: The Ethical Issues -- IV. When the Attorney Is the Trustee (or Other Fiduciary) -- V. Does the Attorney for the Trustee Have Any Duty or Liability to the Trust Beneficiary? -- VI. Ability to Share Information with Nonclient Beneficiary -- A. What about Privileged Information? Is That Protected from Disclosure?$7Generated by AI. 330 $aThis book provides comprehensive guidance on planning for special needs with trusts. It covers the demographics and costs associated with long-term care and the importance of planning to become eligible for public benefits. The book traces the history of trust planning and explains distinctions between self-settled and third-party trusts. It delves into ethical issues and fiduciary responsibilities, public benefits programs, and the intricacies of first-party and third-party special needs trusts. The book also explores alternatives to special needs trusts and provides appendices with practical tools like checklists and sample letters. Intended for legal professionals and those involved in trust and estate planning, it serves as an educational resource rather than legal advice.$7Generated by AI. 606 $aEstate planning$7Generated by AI 606 $aLiving trusts$7Generated by AI 615 0$aEstate planning 615 0$aLiving trusts 700 $aMorgan$b Rebecca C. Morgan$01793875 701 $aFleming$b Robert B$01793876 701 $aPoland$b Bryn$01793877 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910984498703321 996 $aThird-Party and Self-Created Trusts$94334195 997 $aUNINA