Kentucky Statutes 387.855 – Guardian or conservator may consider benefits of establishing a special needs trust
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In developing and establishing a plan to preserve and protect a ward’s assets pursuant to this chapter, a guardian, conservator, or limited conservator may consider the benefits to the ward of establishing a special needs trust for the ward.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 59, sec. 8, effective July 12, 2012.
Effective: July 12, 2012
Terms Used In Kentucky Statutes 387.855
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
History: Created 2012 Ky. Acts ch. 59, sec. 8, effective July 12, 2012.