Budgeting Strategies for Special Needs Trust Funds

This webinar training is designed to provide participants with an understanding of budgeting strategies specifically for managing special needs trust funds. By attending this training, participants will gain the knowledge and skills necessary to effectively budget and manage the financial resources of individuals with special needs, ensuring their long-term financial well-being, while protecting public benefits such as Medicaid and Social Security Income (SSI).

Learning Goals:

• The importance of conducting a thorough needs assessment to identify and prioritize the unique expenses associated with healthcare, education, housing, transportation, therapy, and other essential services, while also enhancing the individual’s quality of life.
• Creating a comprehensive budget that includes understanding income sources, expenses, and the allocation of funds for different categories.
• Strategies for maximizing government benefits while preserving public benefit eligibility, such as Supplemental Security Income (SSI) and Medicaid, and how to navigate the complex rules and regulations governing these programs.
• Importance of regularly monitoring and adjusting the budget to accommodate changing needs and circumstances.