Special Needs Trust: Using a Credit Card

We are often asked what needs to be done so that a beneficiary of a special needs trust can make purchases on his or her own. One way to allow a beneficiary to make purchases is to have a customized credit card for the special needs trust beneficiary.

The customized credit card would have limits on purchases and block access to cash. The card would only allow specific merchandise or categories of spending, which would allow the special needs trust beneficiary to safely purchase what he or she needs when he or she needs it. Otherwise, the use of the card could cause the beneficiary to lose their government benefits.

Consult with a Special Needs Attorney at Our Firm

Pete Losavio is a Certified Elder Law Attorney and Board Certified Estate Planning Specialist, and our firm is backed by more than four decades of experience and specialized knowledge. If you need advice for planning for the future of a special needs individual in your life, then please get in touch with our legal team today.

We proudly offer comprehensive special needs planning services, and we can walk you through the various government programs and legal documents that need to be considered to ensure your best interests are protected.

To request your complimentary consultation with our firm, please call (800) 835-5864 today.