In December 2017, Zaobao covered an article to explain about SNTC, our services and fees. It also highlighted that there has been an increasing trend of siblings setting up SNTC trust accounts for their siblings with special needs.
The article also mentioned about the case of Mdm Wang, who was then 61 years old. She has a younger brother who has intellectual disabilities and is in his 50s. Although Mdm Wang is very willing to take care of her younger brother, she is much older and therefore worried of her brother who does not know how to manage finances. As such, she decided to set up an SNTC trust account for her younger brother.
文章还提到了王女士（Mdm Wang）的案子。当时她61岁，有一个50多岁， 有智障的弟弟。 尽管王女士非常愿意照顾弟弟，但她年纪大了，也担心不会理财的弟弟。因此，她决定为弟弟设立一个特需信托。
This story first appeared in Zaobao on 18 December 2017. Read the original Chinese article here.
It is a common misunderstanding that trust accounts with SNTC must be set up by parents. Anyone (who fulfills the eligibility criteria of a settlor) can set a trust account for a person with special needs (= trust beneficiary). The trust funds will then be protected and safeguarded for the beneficiary’s long-term care needs. If you know of any caregiver who needs assistance, do contact us.