SNT Fairness Act Passed
The SNT Fairness Act passed and was signed by the President on December 13, 2016 and became effective immediately. So, an individual can now establish their own (d)(4)(A) trust (pursuant to section 1917(d)(4)(A) of the Social Security Act) in addition to the classic parties: Parent, Grandparent, Legal Guardian and Court. There is a newly published Emergency Message(EM) by Social Security with an indication they will be following up with more guidance. Here is the EM: Effective Dates: 12/13/2016 - Identification Number: EM-16053 Intended Audience: All RCs/ARCs/ADs/FOs/TSCs/PSCs/OCO/OCO-CSTs /ODAR Originating Office: Title: Information Regarding a Change in Supplemental Security Income (SSI) Special/Supplemental Needs Trust Policy– Permanent Instructions Will Follow Shortly Type: EM - Emergency Messages Program: Title XVI (SSI) Link To Reference: SI 01120.203 Retentio