An Institutional Solution to Client Fund Management

Slides:

Advertisements

Similar presentations

LTC and the Employer LTC Advisory July Todays Employer Workplace The aging of America is, predictably, having an impact on business The child care.

Advertisements

Special Needs Trusts Special Needs Trusts The Arc of Northern Virginia.

The nation’s premier Special Needs Trust, serving Hoosiers of all disabilities since 1988.

Theresa M. Varnet, Esq. FLETCHER TILTON PC 370 Main Street, 12 th Floor Worcester, MA SPAIN, SPAIN & VARNET PC 33 N. Dearborn Street, Suite 2220.

RUN YOUR LEGAL DEPARTMENT LIKE A BUSINESS UNIT – HOW TO MAKE A SUCCESSFUL TRANSITION ROB THOMAS, VICE PRESIDENT, MARKET DEVELOPMENT GROUP THOMSON REUTERS.

BERNARD M. RAICHE, ED.D., LCSW-C EXECUTIVE DIRECTOR PLAN OF MARYLAND-D.C., INC. 604 S. FREDERICK AVE., SUITE 411 GAITHERSBURG, MD TEL:

Life and Estate Planning for Families With Special Needs Matthew Bogin, Esq Wisconsin Avenue Chevy Chase, MD

185 MILWAUKEE AVE., SUITE 235, LINCOLNSHIRE, ILLINOIS PHONE (847) FAX (847) WEB

Chart of Accounts Training July Why a Uniform Chart? Provides the Legislature, general public, and other agencies with a consistent guideline of.

1 Recent GASB Standards and Higher Education Sue Menditto Senior Manager Accounting and Finance Programs NACUBO.

Copyright © 2006 by The Segal Group, Inc., the parent of The Segal Company. All rights reserved. How are Public Purchasers Responding to the OPEB Liability.

WorkflowOne Healthcare Print and Document Management Solutions that address IDNs supply chain, financial performance and patient outcome objectives.

Medical expense plan for Washington State employees in general government agencies and higher education institutions.

September 23, 2011 MOPRA Conference.  MSNT background  Special Needs Trusts  Protecting Benefits  Opening and using a SNT  MSNT Services  Questions.

1 Chuck Crews Crews Law Offices 215 Batesville Road, Suite C Simpsonville, SC Legal Issues.

Slides for Class 5 and 6 H ADM 545 February 7th and 14th, 2002 The 4 key financial statements in an accounting entity’s financial history.

Buckley Investment Group, LLC 13½ E. Main Street, Ste 211 Walla Walla, WA Ph Fax

Willmar Public Schools – ISD Budget Adjustments.

The Organizational Plan. Legal Forms of Business Sole Proprietorship Sole Proprietorship Partnership Partnership Corporation Corporation S Corporation.

The A,B C’s and 1, 2, 3’s of SNT’s (Special Needs Trusts) Travis Finchum Special Needs Lawyers, P.A. SpecialNeedsLawyers.com.

What do I do with my personal resources?

Michigan Department of Treasury 529(A) ABLE Saving Accounts

Effective Delivery of Small Group Level Funded Plans

2/6/2018 ESTATE Planning for the Special Needs of Disabled AdultS, and Elders Facing Long-Term Care Costs Caring for Caregivers November 15, 2016 Presented.

Providing peace of mind to individuals

Ensuring the Financial Health of a Community College District CCLC November 2016 Presented by: Michelle Giacomini Chief Management Analyst. FCMAT.

The Community, Voluntary and Charitable Sector

Church Accounting Standards

Future and Estate Planning for a family with special needs

ABLE Accounts and SNTs How to Choose

Using ABLE Accounts in Creative Ways

STRUCTURED SETTLEMENTS, THE PROBATE COURT, AND SPECIAL NEEDS TRUSTS

Annual General Meeting

Lincolnshire Community and Voluntary Service

Using Special Needs Trusts

The ABLE Act What it means for You and Your Family Achieve with us.

KUSHAL RUSTAGI MANAGING DIRECTOR (M)

Somaliland PFM Education and Training Programme

The Simple Secrets (and Guide) to Drafting Endowment Policies

State Government Special Revenue Fund Update

Master Trust Accounts and Social Security

Supplemental & Special Needs Trusts, Guardianship and Alternatives

The Multiple System Atrophy Coalition, Inc Financial Review

Financial AND ESTATE Planning for YOUNG PROFESSIONALS

Special Needs Trusts and ABLE:

OHIO’S ABLE PLAN stableaccount.com. OHIO’S ABLE PLAN stableaccount.com.

Fee Income Through Wealth Management

Solutions to Client Funds Management

Running a Legally Compliant Organisation

Supplemental Needs Trust: Overview

Montana ABLE Accounts Theresa Baldry.

GUARDIANSHIP, ESTATE PLANNING AND THE ABLE ACT

Implementing body worn cameras: What we LEARNED

Highest industry rates in execution on “turn times”

The A,B, C’s and 1, 2, 3’s of SNT’s (Special Needs Trusts)

Office of the Superintendent of Bankruptcy

EFFECTIVE POLITICAL OVERSIGHT ROLE ON FINANCIAL MANAGEMENT

WDEA Then (1999) 3 Sites in two ESA’s 12 EFT Staff 240 DES Clients

Average Monthly Social Security benefit payment

Planning for Families With Children Who Have Special Needs

Invesco Trust Company Invesco Stable Asset Fund Fee Disclosure

Activity-Based Costing

UNDERSTANDING KING IV Syd Eckley.

OHIO’S ABLE PLAN stableaccount.com. OHIO’S ABLE PLAN stableaccount.com.

Fiduciary Responsibilities: Handling Employee Contributions

PUBLIC MONEY IN PUBLIC HANDS FOR THE PUBLIC GOOD

Activity-Based Costing

Budget Planning Boot Camp

Advanced Medicaid Strategies with Special Needs Trusts

Copyright © 2019, The University of Pittsburgh

Presentation transcript:

An Institutional Solution to Client Fund Management

Since 1986, Arlington Heritage Group has managed trusts for human service providers and 501(C)3s. The Provider Trust is used by non-profits to better manage funds of individuals in their care.

Why The Provider Trust? Trusteeship - the Provider is the Trustee and has control over key decisions and policy. Resolves Eligibility & Spend-down concern about resource limits and frivolous spend-down eliminated Residual - Use of residual, which can grow over time, determined by Trustee Transparency - Executives, fiscal, and team can monitor balances and expenses for all individuals with a trust account. Minimal Cost - Arlington provides back-office support, training, archiving and compliance. Low annual fees born by trust. Consolidation of accounts can save staff time and expenses.

Legal Guidelines The Trustee must be a non-profit 501(C)(3) entity Individual with the trust account must be disabled as per SSI criteria Individual trust must be created by a parent, grandparent, guardian, court, or the person him/herself. Funds placed into the trust must be irrevocable and therefore do not count as an SSA resource. Money in the trust can only be used for the sole benefit of the individual Every non-profit or for-profit with a foundation can operate The Provider Trust

The Provider Trust In Action Single state non-profit with $33M in revenue and $11M in assets and 30 year history of stable operations. Among the first to partner with Arlington Heritage Group and adopt the Provider Trust.

Growth of Trust, Growth of Residual…

One Case Study…

Arlington Heritage Group, Inc. Thomas Tirney Arlington Heritage Group, Inc. tgtirney@ahgtrusts.com (215) 672-1184