Trusts

Regardless of your age, or your child’s age or disability, planning for the future is important. The Foundation of the Arc of Northern Virginia’s (The Foundation) Special Needs Trust (SNT) Program enables families to plan for the future and people with disabilities to derive the greatest possible benefit from family money, settlements, financial gifts, and other awards of money and assets, in addition to any public benefits and services to which they have entitlement. By appropriately using their SNTs, government benefits are not jeopardized. Many families and individuals with disabilities also use the SNTs for money management and budgeting purposes.

To learn more about our our Trust Program, please use the links below:

Trust Overview:

Review the details of The Arc of Northern Virginia’s Special Needs Trust Program

Family Funded Trusts:

The Family Funded Trusts are funded by parents, grandparents, other family members, and friends for the benefit of a loved one with a disability.

Self Funded Trusts:

The Self-Funded Trusts are funded with money from personal injury settlements, lump-sum payback from Social Security, adult child support, income, Military Survivor Benefits, unexpected inheritance, etc.

Military SBP Trusts:

The Military SBP Trusts allow military members and retirees to irrevocably assign annuity payments from Survivor Benefit Plans (SBP) to a Special Needs Trust (SNT) for the benefit of their dependent child who is disabled.

ABLE Accounts:

ABLE Accounts, which are tax-advantaged savings accounts for individuals with disabilities and their families, will be created as a result of the passage of the Stephen Beck Jr., Achieving a Better Life Experience Act of 2014 or better known as the ABLE Act.

Trust Fees:

View the current trust fees for The Foundation of The Arc of Northern Virginia’s Special Needs Trust (SNT)

Investment Options

Key Private Bank offers various investment options for the special needs trusts.