Ten years ago a quiet revolution took place in the planning of estates and benefits for people with disabilities. On Aug. 10, 1993, President Clinton signed the Omnibus Budget Reconciliation Act, which included a provision authorizing the creation of a new form of special needs trust. This unique vehicle, called the OBRA trust and funded with a disabled beneficiary's own assets, allows the beneficiary to shelter unlimited amounts of assets but still qualify for medical assistance under Title
All access premium subscription
Please Log in if you are currently a Trusts & Estates subscriber.
If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.
Questions about your account or how to access content?
Contact: [email protected]