Commonwealth Community Trust
Financial Services - Henrico, VA, US
Commonwealth Community Trust Employees
Commonwealth Community Trust Senior Management
Commonwealth Community Trust Details
Commonwealth Community Trust (CCT)is a nationwide 501(c)(3) nonprofit organization that administers affordable Third-Party and First-Party Pooled Special Needs Trusts (PSNTs). CCT's mission is to provide PSNTs for people with special needs while protecting their government benefits such as Supplemental Security Income (SSI) and Medicaid. CCT has served over 1,800 clients and manages more than $70 million in funded trusts.CCT acts as the trust administrator ensuring that disbursements are prompt and for the benefit of the Beneficiary with the objective of enriching his or her quality of life.CCT was founded in 1990 by parents of children with special needs alongside concerned professionals. CCT is managed by a Board of Directors. composed of at least two members who are related to an individual with special needs, legal and financial professionals, and experts who work in the special needs field.Benefits of Establishing a Pooled Special Needs Trust with CCT:- Nationwide Trust Administration services since 1990- Informative and user-friendly website with access to the enrollment document, Master Trust Agreement, Joinder Agreement, Fees Schedule, and account information via an online portal- Affordable, comprehensive services with low administration fees- Trustworthy and experienced staff- Knowledgeable about rules protecting Medicaid and SSI- Greater investment opportunities as the funds are pooled- Prompt disbursements for the benefit of the Beneficiary- Sensitive to the needs of people living with special needs and their family members- Stability as a national nonprofit organization- Enrollment for Beneficiaries of any age- Work closely with attorneys and other professionals
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