Special Needs Trust
Categories: Tax, Trusts and Estates
See: Special Needs Child.
A trust. Just like any other trust, but one set up for a special needs child as the beneficiary of the proceeds.
Why the separate category? Special needs situations get special care in our tax system. It's hard enough to raise a kid without special needs, so those who need more get a bit more in breaks or credit or insurance or other elements relating to their care.