Distribution Standard The Trustee shall hold, administer, and distribute all property allocated to this trust, and all income therefrom, for the sole benefit of the Beneficiary during the Beneficiary's lifetime, unless this trust is earlier terminated. Any income not distributed shall be accumulated and added to principal. Because the Beneficiary is disabled, the Trustee shall, in the exercise of the Trustee's best judgment and fiduciary duty, administer this trust to encourage payments and services for the Beneficiary from all available public resources, including Supplemental Security Income (SSI), Medicaid, and all successor programs, and any other appropriate federal, state, or local agency serving people with disabilities. The Trustee shall take into consideration the applicable resource and income limitations of the public benefit programs for which the Beneficiary is eligible when making distributions. The Trustee is not bound by such limitations in making distributions if such distributions would be in the best interests of the Beneficiary as determined in the Trustee's sole and absolute discretion. Specifically, if it is in Beneficiary's best interest, the Trustee may make a distribution that results in a permanent or temporary, (partial or total) loss of Beneficiary's public benefits, (e.g., payment of Beneficiary’s rent while receiving SSI). The Beneficiary shall have no right to direct a distribution from this Trust to make any provision for his/her support or maintenance or to direct a distribution from this Trust for any other purpose. OPTION TWO: Long form - First Party SNT Discretionary Disbursements with Specific Explanations Distribution Standard The Trustee hold, administer, and distribute all property, and all income therefrom from the trust, for the sole benefit of the Beneficiary during the Beneficiary's lifetime. Any income not distributed shall be accumulated and added to principal. The Trustee, in its sole and absolute discretion, when making distributions for the sole benefit of a Beneficiary should comply with the following disbursement guidelines: Disbursements Not To Replace Public Benefits Before any discretionary disbursement request is approved and disbursed from the trust property, the Trustee shall consider the consequences of such
Distribution Standard The Trustee shall hold, administer, and distribute all property allocated to this trust, and all income therefrom, for the sole benefit of the Beneficiary during the Beneficiary's lifetime, unless this trust is earlier terminated. Any income not distributed shall be accumulated and added to principal. Because the Beneficiary is disabled, the Trustee shall, in the exercise of the Trustee's best judgment and fiduciary duty, administer this trust to encourage payments and services for the Beneficiary from all available public resources, including Supplemental Security Income (SSI), Medicaid, and all successor programs, and any other appropriate federal, state, or local agency serving people with disabilities. The Trustee shall take into consideration the applicable resource and income limitations of the public benefit programs for which the Beneficiary is eligible when making distributions. The Trustee is not bound by such limitations in making distributions if such distributions would be in the best interests of the Beneficiary as determined in the Trustee's sole and absolute discretion. Specifically, if it is in Beneficiary's best interest, the Trustee may make a distribution that results in a permanent or temporary, (partial or total) loss of Beneficiary's public benefits, (e.g., payment of Beneficiary’s rent while receiving SSI). The Beneficiary shall have no right to direct a distribution from this Trust to make any provision for his/her support or maintenance or to direct a distribution from this Trust for any other purpose. OPTION TWO: Long form - First Party SNT Discretionary Disbursements with Specific Explanations Distribution Standard The Trustee hold, administer, and distribute all property, and all income therefrom from the trust, for the sole benefit of the Beneficiary during the Beneficiary's lifetime. Any income not distributed shall be accumulated and added to principal. The Trustee, in its sole and absolute discretion, when making distributions for the sole benefit of a Beneficiary should comply with the following disbursement guidelines: Disbursements Not To Replace Public Benefits Before any discretionary disbursement request is approved and disbursed from the trust property, the Trustee shall consider the consequences of such
ASNP+Guide+to+Drafting+World's+Best+SNT.docx