Form SS-6073 Notice of Establishment of Catastrophic Illness Trust - Tennessee

What Is Form SS-6073?

This is a legal form that was released by the Tennessee Secretary of State - a government authority operating within Tennessee. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the Form SS-6073?
A: Form SS-6073 is the Notice of Establishment of Catastrophic Illness Trust in Tennessee.

Q: What is a Catastrophic Illness Trust?
A: A Catastrophic Illness Trust is a legal trust that allows individuals to set aside funds to cover medical expenses related to a catastrophic illness or injury.

Q: Why would I need to fill out Form SS-6073?
A: You would need to fill out Form SS-6073 if you want to establish a Catastrophic Illness Trust in Tennessee.

Q: Are there any eligibility requirements for establishing a Catastrophic Illness Trust?
A: Yes, there are eligibility requirements for establishing a Catastrophic Illness Trust. It is best to consult with an attorney or the Tennessee Department of Finance and Administration for specific details.

Q: Can I use funds from a Catastrophic Illness Trust for any medical expenses?
A: Catastrophic Illness Trust funds can be used for eligible medical expenses related to a catastrophic illness or injury. It is important to familiarize yourself with the guidelines and restrictions set by the Tennessee Department of Finance and Administration.

Q: What are the benefits of establishing a Catastrophic Illness Trust?
A: Establishing a Catastrophic Illness Trust can provide financial security and peace of mind by setting aside funds specifically for medical expenses related to a catastrophic illness or injury.

Q: Do I need a lawyer to establish a Catastrophic Illness Trust?
A: While it is not required to have a lawyer to establish a Catastrophic Illness Trust, it is highly recommended to consult with an attorney familiar with trust laws in Tennessee to ensure proper establishment and compliance with legal requirements.

Q: Can I dissolve a Catastrophic Illness Trust if I no longer need it?
A: Yes, you can dissolve a Catastrophic Illness Trust if you no longer need it. However, it is advisable to consult with an attorney or the Tennessee Department of Finance and Administration for guidance on the proper procedure for dissolution.