Idaho § 68-1405 SPECIAL NEEDS TRUSTS — REQUIREMENTS — JURISDICTION OF COURT — COURT ORDERS

Idaho Statutes

§ 68-1405 — SPECIAL NEEDS TRUSTS — REQUIREMENTS — JURISDICTION OF COURT — COURT ORDERS

Idaho·Title 68 TRUSTS AND FIDUCIARIES·Ch. 14 COURT APPROVED PAYMENTS OR AWARDS TO MINORS OR INCOMPETENT PERSONS

(1)If a court orders that money of a minor or incompetent person be paid to a special needs trust, the terms of the trust shall be reviewed and approved by the court and shall satisfy the requirements of this section. The trust shall be subject to the continuing jurisdiction of the court, and is subject to court supervision to the extent determined by the court. The court may transfer jurisdiction to the court in the county where the minor or incompetent person resides.

(2)A special needs trust may be established and continued under this section only if the court determines all of the following:

(a)That the minor or incompetent person has a disability that substantially impairs the individual’s ability to provide for the individual’s own care or custody;

(b)That the minor or incompeten

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(1) If a court orders that money of a minor or incompetent person be paid to a special needs trust, the terms of the trust shall be reviewed and approved by the court and shall satisfy the requirements of this section. The trust shall be subject to the continuing jurisdiction of the court, and is subject to court supervision to the extent determined by the court. The court may transfer jurisdiction to the court in the county where the minor or incompetent person resides.
(2) A special needs trust may be established and continued under this section only if the court determines all of the following:
(a) That the minor or incompetent person has a disability that substantially impairs the individual’s ability to provide for the individual’s own care or custody;
(b) That the minor or incompetent person is likely to have special needs that will not be met without the trust; and
(c) That money to be paid to the trust does not exceed the amount that appears reasonably necessary to meet the special needs of the minor or incompetent person.
(3) If at any time it appears that:
(a) Any of the requirements of this section are not satisfied or the trustee refuses without good cause to make payments from the trust for the special needs of the beneficiary; and
(b) That the Idaho department of health and welfare or a county or city in this state has a claim against trust property, then the Idaho department of health and welfare, the county or the city may petition the court for an order terminating the trust.
(4) A court order for payment of money or property to a special needs trust shall include a provision that all statutory liens properly perfected at the time of the court’s order, and in favor of the Idaho department of health and welfare or any county or city of this state, shall be satisfied first.

Idaho § 68-1405 (SPECIAL NEEDS TRUSTS — REQUIREMENTS — JURISDICTION OF COURT — COURT ORDERS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.