E1 – Paying Caregivers From A Trust: Mitigating Risk To Safeguard Trust Assets

Do your clients pay for a caregiver, companion, or other service provider directly out of a special needs trust? While these arrangements are often managed casually, there is a great deal of care and responsibility that must go into handling these employment situations properly and abiding by applicable labor laws – or risk being held liable for noncompliance.The employment law landscape is becoming increasingly complex – leaving employers with the responsibility of keeping up with the ever-changing rules and regulations around hiring, HR issues, termination, and everything in between. In this session, Cheryl Severson, Chief Customer Officer and Head of HR at TEAM Risk Management Strategies, will provide insights into the regulatory outlook on household employment – arming you with best practices to keep you, your clients, and their assets safeguarded when managing these nuanced situations.