Is there a difference between a Special Needs and Supplemental Needs Trust? Day-to-Day with ACT Our day-to-day special needs trust services include, but are not limited to: Supervising all aspects of the trust and at all times acting in the beneficiary’s best interests; Offering a line of [...]
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ACH information for both Pooled and Non-pooled ACT now has the option of automatic payment for reimbursement to your checking account.There is no fee for this transactionCompletely confidentialYou don’t have to be burdened waiting for reimbursement checksYou don’t have to worry about slow mail or lost checksAll that is needed is to simply fill out the ACH form [...]
Greetings, As the Executive Director of ACT, I want to thank you for your confidence in ACT for the management and oversight of your Special Needs Trust. I also am excited to share news about ACT’s new name and our shared vision for the future. ACT’s mission remains the same for two decades; [...]
ACT coronavirus update Greetings, As you know, the health and safety of all clients, parents, families, and staff is of the utmost importance to us here at ACT. With coronavirus on everyone’s mind, we wanted to let you know what steps we are taking to ensure that our office is safe as well [...]
When should you start planning? We all have things we are going to get done tomorrow, next week or in the near future. As a parent or guardian, a document (Planning Workbook/LOI) that serves as a guide to individuals that may care for your child in the future simply can’t wait! Completing a [...]
ABLE Account and a SNT Trust, How to maximize the Benefit! Individuals with disabilities and their families have many options to set aside funds without jeopardizing eligibility for means-tested government benefits. However, until recently in PA the most common option was to establish a Special Needs Trust. This option works for many, however [...]
Governor Wolf Vetoes Bill Seeking to Stop Closure of Polk Center Why should you care? First and foremost, it’s a social justice issue of discrimination against people with disabilities, including unnecessary segregation and isolation away from family members, friends and the community. Second, is the cost of maintaining this process while knowing that [...]
Not sure what Grantor or Settlor means? How about Inter vivos? I'm sure as you have investigated establishing a Special Needs Trust, you more than likely have discover terms that are unfamiliar. You want to create a trust for a loved one or help them create their own trust and that's where things get [...]
Why a Special Needs Trust? A Special Needs Trust (SNT), also known as a Supplemental Needs Trust, is a specific kind of trust that is tailored for an individual with disabilities. The reason there are SNTs has to do with regulations regarding Supplemental Security Income (SSI). SSI is a government program that assists people [...]