Alabama Family Trust is dedicated to serving disabled Alabamians by administering supplemental or special needs trusts. This non-profit pooled trust company has been serving disabled individuals of all ages for 25 +years since being established by the Alabama Legislature.
Alabama Family Trust shelters assets belonging to disabled individuals such as financial gifts and inheritances, legal settlements, child support, alimony, and other sources of assets.
A supplemental needs trust provides a way to improve the quality of life for a disabled beneficiary without jeopardizing their current or future eligibility for means-tested government benefits such as SSI and Medicaid.
Highlights
Administers supplemental or special needs trusts which offer these benefits:
• Assurance that beneficiaries’ use of supplemental needs trust funds stay compliant with all Social Security Administration and Medicaid regulations
• Protection from abuse, exploitation, and mismanagement of assets by “friends” or “family”
• Quality trust fund management for small ($1,500) to large (millions) supplemental needs trusts
• Low administrative fees (1.5% on the interest earned, not the principal) so funds last longer for the beneficiaries
• Long-term management and investment of trust assets by Warren Averett
• Charitable fund options when individual trust assets are depleted
Mission Statement
Helping elderly and disabled individuals protect their government benefits while improving their quality of life with other assets.
Alabama Family Trust
2820 Columbiana Road Suite 103 Birmingham, AL 35216
205- 313-3915
