Nebraska Revised Statutes Chapter 30. Decedents' Estates; Protection of Persons and Property § 30-38,112. Terms, defined

(1)Beneficiary with a disability means a beneficiary of a trust, who a special needs fiduciary believes may qualify for governmental benefits based on disability whether or not the beneficiary currently receives those benefits, or who is an individual who has been adjudicated to be disabled;

(2)Governmental benefits means financial aid or services from a state, federal, or other public agency;

(3)Pooled special needs trust means a trust which combines assets and is managed by a nonprofit association providing a separate account maintained for each beneficiary with a disability;

(4)Self-settled special needs trust means a trust which has been funded with the assets of a beneficiary with a disability and includes a first party special needs trust;

(5)Special needs fiduciary means a trustee or other fiduciary, other than a settlor, that has discretion to distribute, or is required to distribute, part or all of the principal of a trust to a current beneficiary with a disability;

(6)Special needs trust means a trust the trustee believes would not be considered a resource for purposes of determining whether a beneficiary with a disability is eligible for governmental benefits and includes a supplemental needs trust; and

(7)Third-party special needs trust means a trust which has been funded with the assets of an individual other than the beneficiary with a disability.