The Center

For Special Needs Trust

Administration, Inc.

"Quality of Life...Peace of Mind"

Special Needs Trusts Present Special Problems

The primary duty for a trustee of a special needs trust is to protect the trust beneficiary's eligibility for public assistance programs.  Fulfilling this duty presents the unique problem of understanding all of the strict technical requirements for these various programs.  With the increased use of special needs trusts, finding satisfactory trustee services is becoming more and more problematic.

Banks and traditional trust departments are typically not attracted to providing trustee services because special needs trusts frequently contain insufficient assets for the financial services industry.  Even when one of these conventional institutions may agree to serve as trustee, they simply do not understand the unconventional requirements of protecting eligibility for public assistance programs.

By default, family members of the trust beneficiary are normally the next logical choice for trustee.  Too often, however, family members lack all of the necessary skills for fulfilling their fiduciary duties.  In addition, family members very often share with banks the same lack of understanding regarding the strict technical requirements of protecting eligibility for public assistance programs.

Special Problems Call for Special Solutions

The Center for Special Needs Trust Administration (The Center) is a Florida not-for-profit corporation that offers a special solution to the special problem of finding satisfactory trustee services.  The Center offers this solution by providing specialized trustee services for special needs trusts.

In addition to receiving specialized services from The Center, trust beneficiaries also benefit because The Center requires no minimum deposit and has no minimum annual fees for small trust accounts.  The Center protects trust beneficiaries' eligibility for public assistance programs by engaging the services of a law firm that understands the strict requirements of maintaining financial eligibility.  The Center also engages a registered investment advisor so that trust beneficiaries receive the benefit and strength of professional money management.

The Center's unique combination of services can give trust beneficiaries and their families the peace of mind that comes from knowing public assistance benefits will be protected and that quality of life will be enhanced by using trust assets to meet special needs that are not provided for by basic public assistance.

The Center Improves Quality of Life By:

Managing trust assets to provide for needs that supplement basic care;

Insuring that trust beneficiaries' needs are preeminent and that trusts are administered for the sole benefit of beneficiaries; and

Coordinating life management services to assist beneficiaries with receiving maximum benefits from their trust assets.

The Center Provides Peace of Mind Through:

Specialized professional trust administration services;

Protection of public assistance programs through specialized understanding of program technical requirements; and,

Protection against financial abuse and exploitation of vulnerable trust beneficiaries.

Specific Services Provided by The Center

Specialized trustee services for special needs trusts.

Protection of financial eligibility for public assistance programs.

Professional money management services through a registered investment advisor.

Public assistance record keeping in addition to standard fiduciary accountings.

Assessment of public assistance programs.

Coordination of life management assessments for identification of special needs.

Liaison with beneficiaries, are givers, and other advising professionals.

For additional information, please contact:

The Center For Special Needs Trust Administration, Inc.

2600 First Avenue North

St. Petersburg, FL 33713

(877) 766-5331