Question 1
A 40-year-old disabled individual receives a $500,000 personal injury settlement. To preserve Medicaid eligibility, which type of trust must be used to hold the settlement?
Correct Answer:
A first-party (self-settled) special needs trust under 42 USC §1396p(d)(4)(A)
Question 2
Which feature is REQUIRED in a first-party (d)(4)(A) special needs trust but PROHIBITED in a third-party SNT?
Correct Answer:
A Medicaid payback provision at the beneficiary's death
Question 3
Grandparents want to leave $250,000 to their disabled grandson. Which planning structure preserves SSI/Medicaid AND allows remainder to pass to non-disabled siblings without Medicaid payback?
Correct Answer:
A third-party SNT funded through the grandparents' estate plan
Question 4
Which statute authorizes pooled special needs trusts managed by nonprofit associations for groups of disabled beneficiaries?
Correct Answer:
42 USC §1396p(d)(4)(C)
Question 5
Under the Special Needs Trust Fairness Act of 2016, who can establish a first-party (d)(4)(A) special needs trust?
Correct Answer:
The disabled beneficiary themselves (if competent), or a parent, grandparent, guardian, or court
Question 1
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About this Exam

Prepare with the ChSNC Practice Questions - ChSNC Chartered Special Needs Consultant Exam practice quiz. This question bank includes 100 questions covering disabled, medicaid, third-party, child, and able. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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ChSNC Practice Questions - ChSNC Chartered Special Needs Consultant Exam

This practice set contains 100 questions from the matching question bank and focuses on disabled, medicaid, third-party, child, and able. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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