Ten years ago a quiet revolution took place in the planning of estates and benefits for people with disabilities. On Aug. 10, 1993, President Clinton signed the Omnibus Budget Reconciliation Act, which included a provision authorizing the creation of a new form of special needs trust. This unique vehicle, called the OBRA trust and funded with a disabled beneficiary's own assets, allows the beneficiary to shelter unlimited amounts of assets but still qualify for medical assistance under Title ...

All Access Premium Subscription

Your subscription will include 12 months of Trusts & Estates magazine, access to premium content on WealthManagement.com, and Trusts & Estates plus iPad app.

Already registered? here.