Special Needs Trust

What’s in a name?

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 [...]

What’s in a name?2021-10-05T09:48:48-04:00

Glossary of Terms

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 [...]

Glossary of Terms2020-02-11T11:20:45-05:00

What kind of Trust is a Special Needs Trust?

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 [...]

What kind of Trust is a Special Needs Trust?2020-02-07T08:03:09-05:00

ABOUT US

In 2001 ACT was incorporated as a non-profit charitable organization in Pennsylvania for the purpose of administering a pooled special needs trust for the benefit of individuals with disabilities.  Over the years ACT also became Trustee for other special needs trusts, including Third Party Special Needs Trusts, which are funded with the assets of someone other than the Trust Beneficiary; Non-Pooled Special Needs Trusts, which are funded with assets belonging to the Trust beneficiary; and, educational special needs trusts.

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