June 7, 2015

Trust Management Services

Trust ManagementGuardian Finance and Advocacy Services (Guardian) is a 501(c)3 nonprofit organization and has been providing trust management services since 2003. There are many different types of trusts, each designed for a specific purpose. Guardian will work with the individuals, families, and attorneys who represent them, to develop the best match of trust management services to fit their needs.

There are two general categories of trusts that Guardian serves:

Special Needs Trusts

Special Needs Trusts (SNT) are a unique tool designed to improve the quality of life for persons living with a disability.  Persons who meet the eligibility requirements are able to deposit assets into the trust and still qualify for means tested public benefits, such as Medicaid and SSI. There are several different types of Special Needs Trusts and different and regulations that govern their use. Click the button below for more information.

Special Needs Trusts

 

Grantor, Living, and Other Discretionary Trusts

There are variations of these types of trusts, which are a commonly used as a family estate planning tool. For large estates, a bank or trust company may manage these trusts. For trusts that are under the minimums that these institutions require, a family member may serve as the Trustee. In cases where there is no family member that is willing or able to serve, or the situation calls for an impartial third party, Guardian can be a compassionate and cost effective alternative. For trusts requiring an individual trustee, the Guardian CEO serves as the appointed individual. By separate agreement, the organization provides all support services. Click the button below for more information.

Grantor, Living, and Other Discretionary Trusts