Can you Explain Special Needs Trusts and Medicaid Eligibility? No Problem! Even if you have used a special needs trust and Medicaid application yourself, it’s still difficult to explain it to someone else. Alabama Family Trust can handle this situation. Just break out the popcorn and join your friend to: Watch this video Of course,…
Read More
AFT Blog
Alabama Family Trust Selects Warren Averett Asset Management
The Alabama Family Trust selected Warren Averett Asset Management to provide professional money management and investment services effective April 1, 2018. Warren Averett Asset Management offers Alabama Family Trust and its beneficiaries a unique, comprehensive solution that includes recordkeeping, administrative services, and investment management all under one firm umbrella. With this new partnership, Alabama Family…
Read More
Should Your Trust File a Tax Return?
As a co-trustee, don’t let the question of a trust tax return keep you up at night. The answer is . . . it depends. Fortunately, the Special Needs Alliance has an excellent trust tax summary which was published in the The Voice newsletter. Review the information and talk to your accountant about what is…
Read More
Planning Ahead for Elderly and Disabled Individuals
Still thinking about New Year resolutions? Think beyond the usual “I’m going to lose weight, exercise more, and get healthy” resolutions and commit to one you can keep with just a small amount of effort. Give Funds to Disabled Family Members the Right Way Estate planning is important to make sure your wishes are carried…
Read More
Taking Care of Family
Southerners often pride themselves on taking care of family. However, as family members live longer and Alzheimer’s and other forms of dementia are becoming more common, caring for an aging loved one can be challenging. Many times, family members cannot quit their jobs to care for the loved one, or they may not have the…
Read More
How Disabled Folks Benefit from Special Needs Trusts
Disabilities can occur at any age . . . . . . But disabilities do not have to mean the end of living a full life. However, the specifics of “a full life” for disabled people go well beyond the basic needs provided by government benefits such as Supplemental Security Income (SSI) or Medicaid. Avoid…
Read More
Best Places to Take Your Grandchildren in Birmingham
Although grandchildren love their grandparents, they do not typically consider time spent with grandma and grandpa as fun and exciting. They would usually rather be playing with friends their own age or nose-deep in their smart phones. Sure, Christmas and birthday presents will quickly boost you up the totem pole, but the effects of spoiling…
Read More
How Hearing Loss Affects Alabama’s Senior Population
As the 22nd state to join the Union, Alabama is one of the nation’s most historical states,with strong ties to the American Civil War, Civil Rights Movement, and Industrial Revolution. It was on the backs of our forefathers, and our parents, and Alabama’s current senior citizens that this great state was shaped into what…
Read More
Alabama Family Trust wins state award for commitment to the elderly!
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
Child Support for a Disabled Child
How Can the Child Receive Support and Get Needed Government Benefits? Divorce is almost always a stressful and difficult situation. When the couple has a child with a disability, divorce can be even more problematic; especially, if the child is an adult child and will require continuing support for life. If the parents contribute child…
Read More