| |
Special Needs Trust |
|
| |
|
|
|
|
|
| |
Background and Service Objective |
|
| |
The Chief Executive announced in the 2017 Policy Address that the Government decided to take the lead in setting up a “special needs trust”, to provide reliable and affordable trust services.
The Special Needs Trust Office (SNTO) was established in December 2018, with the Director of Social Welfare Incorporated as the trustee, for managing the assets of deceased parents. Regular disbursements will be made to the carers of their children, who may be individuals or organisations, in accordance with the parents’ wishes. This is to ensure that their assets will be used for meeting the long-term daily needs of their children. |
|
| |
|
|
|
|
|
| |
Eligibility for the Service |
|
| |
Eligibility criteria for the Settlor: |
|
| |
 |
A parent or relative of a person with special needs; |
|
| |
|
Aged 18 or above; |
|
| |
|
Not an undischarged bankrupt at the time of signing the Trust Deed; and |
|
| |
|
A Hong Kong permanent resident. |
|
| |
|
|
|
|
|
| |
Eligibility criteria for the Beneficiary: |
|
| |
|
A person with intellectual disability (including Down’s syndrome), mental disorder or autism; |
|
| |
|
A person who is eligible for rehabilitation services subsidised by the Social Welfare Department or admission to special schools of the Education Bureau; and |
|
| |
|
A Hong Kong permanent resident who ordinarily resides in Hong Kong. |
|
| |
|
|
|
|
|
| |
Annual Fee |
|
| |
After the trust account is activated, the Trustee will charge an annual fee at a flat rate. Currently, the annual fee for each trust account is HK$21,000, subject to annual adjustment according to the change in relevant expenses. |
|
| |
|
|
|
|
|
| |
Application & Enquiries |
|
| |
Persons who wish to apply for the Special Needs Trust should submit the completed application form, in person or by post, to the SNTO of the SWD. For enquiries, please contact our office, the contact information as follows: |
|
| |
|
|
|
|
|
| |
Address |
: |
Unit 201, 2/F, THE HUB, 23 Yip Kan Street,
Wong Chuk Hang, Hong Kong |
|
| |
Telephone |
: |
2116 5308 |
|
| |
Fax |
: |
2117 1451 |
|
| |
Email |
: |
[email protected] |
|
| |
Opening hours |
: |
Monday to Friday:
8:45am to 1:00 pm; 2:00 pm to 6:00 pm
Closed on Saturdays, Sundays and public holidays |
|
| |
|
|
|
|
|
| |
Special Needs Trust Service Introduction Video |
|
| |
 |
|
| |
|
|
|
|
|
| |
Other Information (for download) |
|
| |
 |
Special Needs Trust Service Leaflet |
|
| |
 |
Special Needs Trust Application Guidebook |
|
| |
|
Special Needs Trust Easy-to-read Booklet |
|
| |
|
Special Needs Trust Application Form |
|
| |
|
Special Needs Trust Poster Design Competition - Prospectus and Enrolment Form (Chinese Version Only) (Registration is closed and the results will be announced in April 2020) |
|
| |
|
|
|
|
|
|