Mental health trust
Mental Health Trust
Mental Health Trust (men-təl helth trəst, from the English words "mental", "health", and "trust") is a specialized type of trust that is designed to cater to the needs of individuals with mental health issues.
Definition
A Mental Health Trust is a legal arrangement in which a trustee holds and manages assets for the benefit of a person with mental health issues. The trust is designed to provide financial support for the beneficiary's medical and living expenses, while also ensuring that they maintain eligibility for government assistance programs.
History
The concept of Mental Health Trusts originated in the United Kingdom in the late 20th century, as part of a broader shift towards community-based care for people with mental health issues. The trusts were established by the National Health Service (NHS) to manage mental health services in specific geographical areas.
Types of Mental Health Trusts
There are two main types of Mental Health Trusts:
- Special Needs Trust: This type of trust is designed for individuals with a wide range of disabilities, including mental health issues. The trust can be used to pay for a variety of expenses that are not covered by government assistance programs, such as recreational activities and personal care items.
- Supplemental Needs Trust: This type of trust is similar to a Special Needs Trust, but it is specifically designed for individuals who are receiving government assistance. The trust can be used to pay for supplemental expenses that are not covered by these programs, without affecting the beneficiary's eligibility.
Related Terms
- Trustee: A person or organization that holds and manages assets for the benefit of another person or organization.
- Beneficiary: A person or organization that receives benefits from a trust or other legal arrangement.
- National Health Service: The publicly funded healthcare system in the United Kingdom.
External links
- Medical encyclopedia article on Mental health trust
- Wikipedia's article - Mental health trust
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