Special Needs Trust Housing

Summary

Susan can rent a house owned by her Special Needs Trust if the rent is fair market value and approved by the housing authority. The trustee must manage the trust in Susans best interest. Consulting a lawyer experienced in trusts and housing law is recommended for compliance.

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Assume Susan is severely disabled and receives SSDI. Susan receives an inheritance in the form of a third party special needs trust. Susan is the beneficiary with a trusted family friend serving as the sole trustee. Included in that inheritance is a house that Susan would like to live in. Susan also has an active Section * voucher from her housing authority. Can Susan rent a house that is owned by the SNT that she is beneficiary to?
Hi ****! Susan can potentially rent the house owned by the Special Needs Trust (SNT) she's a beneficiary of. However, several conditions must be met:
- The rent must be fair market value.
- The arrangement must be approved by the housing authority.
- The trustee must manage the trust in Susan's best interest without any direct benefit to Susan.
Consulting a lawyer experienced in trusts and housing law is advisable to navigate these rules.