QUESTION 12 Trusts can be very beneficial in many financial planning situations. Many trust benefits, such as asset protection and control, are appropriate considerations for a family with a person with special needs. Which of the following is true? a Federal benefits will likely be lost if parents fund a family trust with cash. . b. A special needs trust under 42 U.S.C. Sec. 1396p(d)(4)(A) will permit a family member to contribute to the trust for the benefit of the child with special needs without adversely effecting government benefits if funds are paid back to the State at the death of the child, to the extent of the benefit received. The funds remaining in a pooled trust can be left to a family member or a charity. d. A qualified trust under IRC section 401(a) is often used to provide benefits to a family with a special needs situation. Save Save All Answers Click Save and Submit to save and submit. Click Save All Answers to save all answers