When you have a loved one with a significant disability, setting up a special needs trust is often a fundamental part of making sure they can live comfortably. When managed wisely, this financial resource can help pay for additional expenses for life. However, when a trust is improperly managed, funds can be wasted, and payments could end up disqualifying a recipient from essential government programs. If you or other family members have concerns about how a trustee is managing a special needs trust, you will need to know more about removing your loved one’s special needs trust trustee.
What Does a Special Needs Trust Trustee Do?
A California special needs trustee is responsible for safeguarding trust assets and making financial and other investment decisions that benefit the trust beneficiary. The trustee must be well-versed in the income restrictions and requirements for any government benefit programs for the beneficiary. This is because the trust disbursements must be made to the beneficiary for specific purposes that comply with program restrictions.
Signs that a Special Needs Trustee May Need to be Removed
Removing the Special Needs Trust Trustee
Generally, a California trustee can be removed because he or she has mismanaged assets, failed to perform a duty, or can no longer perform the tasks required of the role. Concerned loved ones may be able to talk to the trustee, but in many cases, it will be necessary to go to court. If you are worried that your loved one’s special needs trustee is not fit to perform their duties, you should contact a special needs trust attorney as soon as possible to discuss your observations. Your attorney can help you evaluate the evidence and determine the best way to go about protecting your loved one’s interests.
Contact a California Special Needs Trust Attorney
If you have concerns regarding your loved one’s California special needs trust trustee, it would be best to consult with a California special needs trust attorney who can help you evaluate your situation. At the Law Offices of Alice A. Salvo, we understand the importance of having the right California special needs trust trustee and have the expertise to help you take a comprehensive look at your situation. Contact us today to schedule your free consultation.