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| Overview | Self-Settled & Third Party Trusts |
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| Selecting the Right Trustee | Assisting the Trustee |
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| Trust Distributions |
Assisting the Trustee
The grantor, or creator of a trust, can assist the trustee in two significant
ways:
• The grantor can add a provision to the trust to provide
for a care manager.
Also referred to as a case manager, a care manager is a professional advocate,
usually holding a Masters in Social Work, who has the expertise needed
to ensure that the beneficiary of a trust receives the appropriate care.
The care manager can be responsible for coordinating personal services
such as physical therapy, socialization, case management, counseling,
emergency response, and other assistance-related services, thereby permitting
the trustee to focus his or her efforts on investments and trust management.
• The grantor can provide a Letter of Intent.
When the parents or guardians of a person with a disability die, a Letter
of Intent can provide the successor trustee with important information
and guidance when faced with difficult decisions that affect the beneficiary.
While the trustee is not legally obligated to comply with the Letter of
Intent, most trustees find the direction and insights invaluable.
copyright © Kearns & Kearns 2005