Nearly everyone uses some form of transportation on a consistent basis, but the need for a safe, reliable vehicle is especially important for people with special needs. Government benefit programs such as Supplement Security Income (SSI) and Medicaid impose an asset ceiling as a condition of qualification, which is a major reason to set up…
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Choosing the Right Co-Trustee
When you set up a special needs trust for a loved one through Alabama Family Trust (with Alabama Family Trust serving as trustee), you’ll need to name one or more co-trustees. You may choose to fill this role yourself, but who will take over once you’re gone? This is a critical question, because if you’re…
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How Should Special Needs Trusts Be Worded?
A special needs trust is a specific type of trust fund for people with physical or mental disabilities, created with the unique needs and lifestyle of that person in mind. These trusts are made to ensure that the beneficiary does not lose any government benefits (like Medicaid or SSI) to which they are entitled. In…
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Who Can Set Up a Special Needs Trust?
Special needs trusts are important for your disabled loved one. They provide a source of funding for the beneficiary without endangering their eligibility for government benefits like Medicaid and SSI, allowing for supplemental financial support. But who, exactly, is allowed to set up a special needs trust? Can just anyone do it? The answer to…
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5 Great Blogs for Parents of Special Needs Children
When you’re the parent of a special needs child, the challenges can sometimes feel overwhelming. You want to reach out to other parents who are in the same boat, but where do you find them? Unless you happen to know other parents of special needs children in real life, the Internet is your best bet….
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Challenges Faced by Special Needs Families
At Alabama Family Trust, we understand how parents of special needs children have their hands full with the challenges of raising, caring for, and protecting their kids. They invest in their education, their health, and their future (that last one is typically accomplished through a special needs trust, of course). Although they love and cherish…
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Alabama Family Trust named a finalist in the BBJ’s Nonprofit Awards
Alabama Family Trust, a pooled special needs nonprofit 501(c) 3 trust that invests and protect assets of persons with disabilities, has been selected as a finalist in the Birmingham Business Journal’s 2016 Nonprofit Awards. It is being recognized in the $1 million to $2 million category of the Nonprofit Awards, which honors Birmingham’s top nonprofits…
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How to Choose Daycare for Your Special Needs Child
When it comes to your special needs child, you only want the best — especially when it comes to choosing their childcare provider while you are at work or fulfilling other obligations. But how do you choose the best daycare for special needs kids? Read on for tips from Alabama Family Trust! Consider a Special-Needs…
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What Is a Court-Ordered Special Needs Trust?
You may know that you need to set up a special needs trust for your disabled child, but once you start doing your research, you’ll find that there isn’t just one type of special needs trust. What about court-ordered trusts? What are they, and how are they useful? What Is a Court-Ordered Trust? In contrast…
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A Mother’s Unexpected Gift
Jamie Bradford and her husband, Les, were thrilled to discover they were expecting their second child. Their firstborn, a cheerful, fun-loving boy, had already brought them so much joy — and now he would have a sibling! Whether it was a boy or a girl, Jamie and Les didn’t really care. Like most parents, they…
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