Special needs trusts are commonly used to provide financial support for individuals with disabilities, ensuring that they have the resources they need to live a comfortable life. However, there are many unique and unconventional ways to use special needs trusts beyond their traditional purpose.
Experiential Learning Opportunities
One of the most innovative ways to use a special needs trust is to fund experiential learning opportunities. This could include anything from travel abroad programs to vocational training courses. By using a special needs trust to fund these experiences, individuals with disabilities can gain valuable skills and experiences that will help them achieve their goals and lead fulfilling lives.
Another way to use a special needs trust is to purchase assistive technology. Assistive technology encompasses a wide range of devices and tools that help individuals with disabilities perform daily tasks, communicate, and participate in activities they enjoy.
Examples of assistive technology include communication devices, mobility aids, and sensory equipment. By using a special needs trust to purchase assistive technology, individuals with disabilities can improve their quality of life and increase their independence.
In addition to funding experiential learning opportunities and purchasing assistive technology, special needs trusts can also be used to support community-based initiatives.
For example, a special needs trust could be used to fund a community garden that provides fresh produce for individuals with disabilities or to support a local theater company that produces inclusive performances for audiences of all abilities.
Special needs trusts can also be used to support wellness initiatives such as fitness programs and nutritional counseling. These types of initiatives can help individuals with disabilities maintain a healthy lifestyle and prevent health complications.
Ultimately, there are many innovative ways to use special needs trusts beyond their traditional purpose of providing financial support for individuals with disabilities. From funding experiential learning opportunities to supporting wellness initiatives, special needs trusts can help individuals with disabilities achieve their goals and live fulfilling lives.
By exploring these unconventional uses for special needs trusts, we can maximize their benefits and help individuals with disabilities reach their full potential.
Call Legacy Enhancement Trust today at (888) 988-5503 or fill out the online contact form to learn how we may assist you!