Start at the End When reading a book, you don’t usually read the last page first. However, a representative should take care of that last page as soon as a special needs trust is established for an elderly loved one (a life beneficiary). Why? Because by law, a special needs trust is frozen as soon as a life beneficiary dies – not after the funeral.  That means that funeral expenses can ONLY be funded through the Special Needs Trust IF the expenses are handled IN ADVANCE of the life beneficiary’s death.  And funerals can cost a lot with embalming or cremation, casket or urn, burial plot and … [Read more...]