You need to know
How Special Disability Trusts work.
If you have a Special Disability Trust you may get a gifting concession and assets test assessment exemption.
A Special Disability Trust must have only one principal beneficiary (the person for whom the trust is established) who meets the eligibility criteria.
To be eligible to be a principal beneficiary of a Special Disability Trust, the person with a disability must meet the definition of severe disability.
Immediate family members of the Special Disability Trust principal beneficiary who are of age or of service pension age and get a pension are eligible for the gifting concession.
Contributions or gifts of assets to any value can be made to a Special Disability Trust at any time by almost anyone.
The funds of a Special Disability Trust are intended to meet the reasonable care and accommodation needs of the principal beneficiary.
Page last updated: 19 July 2018