Personal Trusts Brochure The Arc of Northern Virginia by jennyyingdi


									                                                                                                                                                                                                       he Arc of Northern Virginia
                                                                                                                                                                            {                      }               Investing In
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    Quote goes here.                  THE ARC OF NORTHERN VIRGINIA
                                                      Who Are We?
                           The Arc of Northern Virginia works to ensure that individuals with
                           disabilities can have a "Life Like Yours" in the Community. The Arc
                           of Northern Virginia has been specializing in service individuals with   SunTrust Bank, Greater Washington Region is part of SunTrust Banks,
                           disabilities and their families for almost 45 years.                     Inc., headquartered in Atlanta, and one of the nation's largest bank-
                                                     What Do We Do?                                 ing organizations, serving a broad range of consumer, commercial,
                                                                                                    corporate and institutional clients. As of December 31, 2006 SunTrust
                           The Arc of Northern Virginia is a non-profit organization that           had total assets of $182.2 billion and total deposits of $124.0
                           provides an array of services including;                                 billion. The Company operates an extensive branch and ATM network
                                                                                                    throughout the high-growth Southeast and Mid-Atlantic states and
                                   • Systems Advocacy – Federal, State & Local
                                                                                                    a full array of technology-based, 24-hour delivery channels. The
                                   • Individual & Family Advocacy                                   Company also serves customers in selected markets nationally. Its
                                                                                                    primary businesses include deposit, credit, trust and investment
                                   • Developmental Disability Waiver Services
                                                                                                    services. Through various subsidiaries the Company provides credit
                                   • Community Education & Training, including                      cards, mortgage banking, insurance, brokerage, equipment leasing
                                     transition planning                                            and capital markets services.

                                   • Guardianship Services

                                                                                                                                                                                                                       A Life Like Yours
                                   • Future Planning / Special Needs Pooled
                                     Trust Program.

                           A Life Like Yours                                                                                                                                                                            The Arc of Northern Virginia Special Needs Trust
              The Arc of Northern Virginia                                                                                                                                                                                                    A Life Like Yours

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        WHAT IS A SPECIAL NEEDS TRUST?                                   WHAT CAN THE FUNDS BE USED FOR?                               Quote goes here.               WHY CHOOSE THE ARC OF NORTHERN
A Special Needs Trust offers individuals a way to establish           • Dental Care Costs                                                                            VIRGINIA’S SPECIAL NEEDS POOLED TRUST?                                                  WANT TO DO MORE?
an account that will not jeopardize the beneficiary’s public          • Trips – visiting siblings; going to the beach
benefits, such as SSI and Medicaid. Avoid probate to have                                                                                                                                                                                       Donate online or through the United Way Campaign (#8035).
                                                                      • Renting a Tuxedo for a Cousin’s Wedding                                                • Family funded and a self funded trust accounts.
funds available immediately. There are two types of Special                                                                                                                                                                                         Designate The Arc of Northern Virginia in your will.
Needs Trusts; Self-Funded or Third party Funded. The type             • Pre-Burial Expenses                                                                    • Accounts can be funded immediately or funding can be deferred.                                    Donate your used car.
you would be eligible for depends on where the funds are              • Anything not covered by Medicaid or SSI                                                • A trust is available to beneficiaries of any age.                                                      Volunteer.
coming from.
                                                                                                                                                               • There are no minimum funding requirements or maximum restrictions.
                                                                                                                                                               • Disbursements are prompt and for the sole benefit of the beneficiary.
 WHY WOULD I USE A SPECIAL NEEDS TRUST?                                        WHO ACTS AS THE TRUSTEE?                                                        • Special Needs Trust Program serves anyone who is disabled.
Special Needs Trusts are established for a variety of reasons.     The Arc of Northern Virginia has partnered with
With the majority of public services determined by financial       SunTrust Bank to deliver unique and individualized services                                 • Special Needs Trust Program will continue in perpetuity.
eligibility, the trust is designed to protect an individual from   to participants of our Pooled Special Needs Trust Program.                                  • Trust Program staff and board are sensitive to people with disabilities.
jeopardizing their services and benefits. Reasons why peo-          SunTrust Bank serves as the Trustee and Investment Man-                                    • The Arc of NoVa Staff are knowledgeable pertaining to public benefits
ple have set up a trust include:                                   ager, while The Arc of Northern Virginia serves as Trust Man-                                                                                                                     98 North Washington St. • Falls Church, VA 22046
                                                                                                                                                                 a and resources for people with disabilities.                                            703.532.3214 •
  • Planning for the future                                        ager. The two teams work closely to ensure that the funds                                                                                                                                    United Way/CFC #8035
                                                                                                                                                               • The Arc of Northern Virginia’s staff are experts in the area of disability
                                                                   reach the individual in a manner best suited to meet their
  • Law suit settlements
                                                                   needs.                                                                                       and serve as a resource for you and your loved one.
  • Social Security Back pay
                                                                                                                                                               • The Funds are pooled together for reduced fee purposes
  • Inheritance                                                                                                                                                  and investment strategies.

                                                                                                                                                              Special Needs Trust
                                                                   This brochure was generously funded by SunTrust Banks, Inc.

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