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COMPARISON BETWEEN A DISABILITY ANNUITY TRUST AND A DISABILITY ANNUITY SPECIAL NEEDS TRUST

by Thomas D. Begley, Jr., CELA

The chart below is a brief comparison between a Disability Annuity Trust (“DAT”) and a Disability Annuity Special Needs Trust (“DASNT”).

Consideration              DAT          DASNT
Typical Grantor Parent/Grandparent Parent/Grandparent
Typical Trustee Family Member

(Non-Beneficiary)

Family Member

(Non-Beneficiary)

Assets Available Yes No
SSDI/ Medicare Yes Yes
SSI/Medicaid No Yes
Transfer Penalty No No
HEMS Standard Yes No
SNT Standard No Yes

 

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