Special Needs Trusts

Special Needs Trusts

We provide protection, security & comfort. You benefit from professional investment management & experienced SNT administrators.

Why A Special Needs Trust With Coral Gables As Trustee?
  • Coral Gables Trust's professionals have a wealth of experience in administering special needs trusts.
  • We provide protection, security and comfort through careful review of our client's needs in coordination with government benefits.
  • We provide the benefit of professional investment management and experienced SNT Administrators.
Our staff is trained in the requirements and responsibilities for Special Needs Trust administration and understands the importance of being fully accessible to provide quality personal assistance to our clients.
  • Our officers are available where and when needed to guide our clients through all important considerations.
  • The Coral Gables Trust Special Needs Trust Approach:
  • The assignment of s dedicated trust administrator to each client.
  • The availabilty for face-to-face meetings when and where it is convenience for our clients and their advisors.
And independent and highly regarded investment management platform designed to maximize our client's investment returns while maintaining a reasonable level of risk based upon the needs of the beneficiaries.
  • Coordination with our client's advisory and support team to make sure our client receives the most comprehensive service available.
  • We deliver value and service through experience, objectivity and compassion.
  • Our Special Needs Trust Responsibilities Include:
  • Receipt and safekeeping of the assets and income of the trust.
Prudent management of the assets of the trust to ensure that the expenses incurred while providing supplemental benefits do not deplete the assets of the trust to the point that the future goals of the beneficiary are compromised.
  • Maintain accurate records of all income and principal transactions and provide regular accountings. 
  • Arrange for annual tax filings.
  • Hire and monitor service providers as necessary.
  • Regularly communicate with the beneficiary, caregiver, and service providers.
  • Your South Florida, Community Based, Comprehensive Trust Service Team. 
Coral Gables Trust administers estates, personal, charitable, institutional, special needs trusts, investment management, custodial, escrow accounts, and guardianships.
 
Administration and oversight can prove highly complex thereby requiring experience and deep subject matter expertise, characteristics ehich are well represented by the firm's Trust Administrations Committee. These Committes are reponsible for the oversight, review and monitoring of all Trust and Investment Management relatioship approvals and issues. 
 
RESPONSIBILITIES INCLUDE:
  • Investment Oversight
  • Custody Assets
  • Collecting and Valuating Assets
  • Bill paying and record-keeping
  • Providing Tax Information
  • Approving Discretionary Distributions