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Special Needs Trust
Case Studies
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Special Needs Trust
A child whose father is an executive of a listed company was born with an incurable disease and could hardly take care of himself. The father feared that once he passed away, no one would take care of his child and all medical cost would be on his child. Besides, the child has to pay high inheritance tax while inheriting his father's estate. CPA and attorneys at MT Law set up Special Needs Trust for the child, which allows him to receive government benefits while still receiving funds from the trust.