Trusts and how they work

The Arc Alliance works with The Arc Community Trusts of PA in providing you with professional guidance and Services in the area of Trust development for your loved one. The Arc Community Trust of PA, although not directly connected to The Arc Alliance, was established through the thoughtfulness and financial support of The Arc Alliance and The Arc’s of Chester and Delaware Counties. For additional information follow the link to The Arc Community Trust of PA.

What is a Trust?

A trust is a legal arrangement in which one party (individual, group, or organization) holds and manages property for the benefit of another. The person (or persons) who benefits from the property, the beneficiary, does not own or control it. The person (or persons) or organization that manages and distributes the property, the trustee, does not benefit from it, other than reasonable compensation for services. A trustee is obligated by law to manage the property prudently, obey the instructions of the person who created the trust (called the settlor or grantor), and provide reports and accounting’s on a regular basis.

There are many different kinds of trusts and various agencies can provide assistance. In addition to The Arc Community Trust of Pa we recommend you review McAndrews Law Offices.

For over 25 years, McAndrews Law Offices has been committed to providing exceptional legal services in our areas of practice. The genesis of our firm began in 1982 when Dennis C. McAndrews, the firm’s founder, began his private practice of law.

The early years of his practice focused upon disability law and estate planning for persons with disabilities, much of which developed from the expertise Mr. McAndrews obtained in serving as Executive Director and Staff Counsel to two Pennsylvania Senate Committees which investigated the system of care for disabled persons in Pennsylvania.

For additional information please use the contact form and a representative of The Arc Alliance will contact you shortly.

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