THE ARC OF GEORGIA POOLED TRUST
Safeguard Your Future
Planning for the future is important, regardless of your child’s age or your age or disability. Special needs trusts are used to help provide the extras in life, above and beyond the basics provided by government programs.
What is a Special Needs Trust?
A special needs trust is an irrevocable trust established for the benefit of a named person. The named person is the beneficiary of the trust and the trustee distributes funds, according to the trust document, from the trust for the benefit of the beneficiary. A special needs trust enables the beneficiary to enhance their quality of life and provides resources beyond what governmental assistance or their own limited personal resources might otherwise provide.
A pooled trust is used to provide for the future needs of a person who has a disability (as defined in Social Security laws). However, a trust may also be established to provide for the future needs of a person whose disability status has not been established. The Arc of Georgia Pooled Trust offers both options.
For more information on The Arc Georgia Pooled Trust, contact:
Teresa Whitton – FSG Bank, Trust Administrator
531 Broad Street
Chattanooga, TN 37402
Tel: 423-668-3072 x5972