April 2017 – BIRMINGHAM, AL – Alabama Family Trust has been selected to receive the Alabama Gerontological Society’s 2016 Organization Award at their 36th Annual Conference for Alabama Family Trust’s commitment to improving the quality of life for older Alabamians. Alabama Family Trust is a pooled special needs nonprofit 501(c)3 trust established by the state…
Read More
Alabama Family Trust on the Radio
Alabama Family Trust leaders in an interview iHEART radio with JT talks about how AFT can protect assets, help avoid a “spend-down” of personal assets in a skilled nursing home, enable Medicaid eligibility, and improve overall quality of life for a loved one by utilizing trust assets to pay for items and services not covered by Medicaid….
Read More
Dementia versus Alzheimer’s – What’s the Difference?
Here at Alabama Family Trust, we’re passionate about helping people care for their disabled loved ones. So it’s no surprise that we know a lot about things like dementia and Alzheimer’s Disease, because both of these can bring about drastic life changes for both you and your aging parent – which means you may need…
Read More
Resolve to Set Up a Special Needs Trust!
For your New Year’s resolution, consider setting up a special needs trust and providing financial security for your loved one. Read on to find out why a special needs trust is the resolution every family with a disabled loved one should make! Continued Medicaid Eligibility One way a special needs trust can help your disabled…
Read More
Caring for Your Disabled Loved Ones This Year
As the new year begins, many of us are filled with hope and a sense of possibility. New beginnings are always refreshing – but if we’re honest, sometimes a new year doesn’t feel all that new – especially when it comes to those who care for disabled loved ones on a regular basis. Thankfully, there’s…
Read More
I Don’t Need a Special Needs Trust – Do I?
Many people believe that a special needs trust is only useful for parents of special needs children. While these parents and their children certainly do benefit from setting up a trust, many other situations can be helped by a special needs trust — most notably, when a disabled person possesses more than $2,000 in assets…
Read More
What Will Happen to My Special Needs Child After My Death?
While it may be possible for your special needs child to live independently as an adult, you might be worried about what will happen to them after you die. If you’re not there to care for them and provide for them financially, how will they function? It’s a good question, and fortunately, Alabama Family Trust…
Read More
What Is a Spendthrift Trust?
Estate planning is essential for families and single people alike, and a good estate plan includes effective asset protection measures. When it comes to your disabled loved one, you may want to consider a specific type of special needs trust called a “spendthrift trust.” But what is a spendthrift trust, and how could it be…
Read More
How Large Can Gifts Be to a Special Needs Trust?
We’ve talked before about the complicated and misunderstood federal gift tax system, which places (very loose) limits on how much an individual can give away without having to pay a gift tax. Today, we’ll focus more on giving gifts specifically to special needs trusts – and in particular, on the size of those gifts. Do…
Read More
Financial Predators: Protect Your Loved One
When it comes to your disabled child or aging parent, there are many financial considerations to be made every day. Paying for medical bills, transportation, and daily care is something that is probably always on your mind. But have you considered the financial predators that may be targeting your loved one? Keep reading to learn how to…
Read More