An Act preserving special needs trusts for disabled seniors

This bill amends Massachusetts law to clarify how assets transferred into special needs trusts by seniors aged 65 or older are treated for Medicaid eligibility purposes. Specifically, it instructs the state to count these transfers as a disposal of resources at fair market value, meaning the value of the assets used to fund the trust will be considered available to the individual. This change directly affects disabled seniors and their families who rely on special needs trusts to maintain eligibility for government health benefits while preserving assets for their care. The provision ensures that the state can accurately assess an individual's financial resources when determining their need for assistance under the program.