Individual (d)(4)(A) Trust Administration Services
Guardian Trust administers several types of Special Needs Trusts. Individual, self-settled Special Needs Trusts for individuals under the age of 65 are also referred to as “d4A” trusts. This means that our non-profit Trustee, the Guardian Trust Foundation, Inc., can be named as the initial Trustee in a d4A trust or we can serve as successor Trustee of an existing trust when the current Trustee is either unwilling or unable to continue serving. Funds in a d4A trust are individually managed and invested.
For d4A trusts a beneficiary must be under the age of 65 at the time the trust is established and Medicaid must be paid back for their services at the time of the beneficiary’s passing. Typically a d4A trust is $250,000 or greater, although we do not have a minimum for any trust.
Some examples of individuals with disabilities under the age of 65 who may utilize a d4A trust:
-Personal Injury Settlement Recipients
-Medicaid and/or Supplemental Security Income Recipients
-Applicants for Public Assistance Programs
-Current or Future Nursing Home Residents
- The Beneficiary must meet the Social Security definition of disabled. The Social Security definition is as follows:
- Disability under Social Security is based on your inability to work. We consider you disabled under Social Security rules if you cannot do work that you did before and we decide that you cannot adjust to other work because of your medical condition(s). Your disability must also last or be expected to last for at least one year or to result in death.
- The Beneficiary must be under the age of 65 at the time the trust is established.
- The assets are then used to fund the Beneficiary’s Trust Account.
- The Beneficiary’s Trust Account must be established for the sole benefit of the Beneficiary by a parent, grandparent, legal Guardian of the Beneficiary, or the Court.
For a copy of our informational brochure, please click here.
Please click here for a copy of our questionnaire.
- We can work directly with your attorney on how to incorporate the Guardian Trust Foundation, Inc. as the Trustee into your Special Needs Trust document.
- Contact one of our office at 727-210-1185 or Email Us.
- Once the Trust has been executed, original documents and the funding check can be made payable and mailed to:
901 Chestnut Street, Suite C
Clearwater, FL 33756