Frequently Asked Questions

PLAN is prepared to assist people of all ages with any type of disability. Some individuals may be profoundly affected by their conditions, others may be nearly independent but in need of some critical support. Our client beneficiaries include people with:
• Developmental disabilities
• Mental illness
• Autism
• Drug and alcohol addictions
• Traumatic brain injury
• Cerebral Palsy
• Visual impairment
• Dementia
• Parkinson’s disease

In 1993, Connecticut state legislature granted PLAN the authority to act as trustee of special needs trusts. We are carefully monitored by the Connecticut Department of Banking, and our operations are subject to the same review as other trust companies that operate in Connecticut.

• PLAN accepts trusts of any size.
• Focuses solely on special needs trusts.
• Managed by a Board of Directors with personal knowledge of disabilities. (By-laws stipulate that more than half of the Board must have a relative with a disability).
• Simplifies complex matters.
• Is cost-effective. PLAN is a non-profit 501 © 3.
• Creates highly personalized, one-on-one Trust Administrator relationships with clients.
• Is the only organization in the state that can administer a Special Needs Pooled Trust.
• Provides attorneys with pre-drafted trust language and documents.
• Releases other family members of a lifetime responsibility, allowing family to be there for emotional support/companionship, rather than focusing on money management.
• Is carefully monitored by the Connecticut Department of Banking. Operations are subject to the same review as other trust companies which operate in Connecticut.
• Is prepared to assist individuals with any type of disability.

Yes. PLAN of CT was started by families who had similar situations, and we are experienced in handling many different types of personalities.

No. Most families make the trust as part of the estate plan and the trust is funded through your will.

PLAN accepts trusts of any size, so you don’t have to be “wealthy” to work with us.

Yes. PLAN invests the funds conservatively according to the Prudent Investors Act.

No. PLAN has a Trust Committee that makes all the distribution decisions, but we encourage relatives or family friends to be involved in the process. We have sole discretion when it comes to trust distributions.

At the present time Plan of CT only holds liquid assets.

That is fine. PLAN of CT serves clients all over the country. The trust just needs to be established while the grantor or beneficiary is residing in Connecticut. (This is not necessarily the case with a pooled trust).

Our Third Party Trusts allow the grantor to name the remainder beneficiaries. It could be one person or a combination of charities and people. Your attorney will help you make this decision. PLAN does not require any funds to be left to the organization.