All trusts must have a Trustee—a person or organization responsible for disbursing funds, managing the trust’s operation, and ensuring that it adheres to all relevant federal and state regulations. By law, the nonprofit organization administering a SNPT must serve as the Trustee. This has the dual benefit of ensuring effective trust management and relieving family members of this responsibility.
With PLAN’s decades of experience as Trustee, beneficiaries are assured of effective, knowledgeable, and accountable trust management. As Trustee, PLAN handles all accounting, investments, tax returns, and disbursements for each beneficiary. Notably, we are expert in identifying which disbursements are permitted by law and which are not—and helping beneficiaries (and families) plan accordingly for the most effective use of their trust funds.
Contact us to learn more about how PLAN ensures high-quality management of our trusts and the funds in each beneficiary account.