Delaware CarePlan provides valuable services for trust beneficiaries and works with families to ensure that the means for monitoring, supporting, and advocating for their loved ones' care are firmly in place.
This is accomplished by focusing on three key areas:
- Estate Planning - DCP educates families about the importance of estate planning for individuals with special needs. It is crucial that they become aware that leaving an inheritance to someone with special needs can cost that person their eligibility for government benefits and programs, such as Medicaid, SSI (Supplemental Security Income), and other means-tested benefits.
- Individualized Care Plans - DCP offers a social services aspect that is missing from financial institution trusts. A comprehensive care plan is created to address the needs of the trust beneficiary. The care plan provides a guide for how the trust funds are expected to be used. DCP then contracts the services of local providers having expertise in specific areas to fulfill the needs of the individual. As the trust beneficiary's needs and interests change, DCP revises and updates the care plan to reflect those changes. We oversee the contracted services, essentially becoming the eyes and ears of the parents when they can no longer be there.
- Special Needs Trusts - DCP was designed to allow families to fund a special needs trust with a mere fraction of the amount required by banks and other financial institutions. These trusts are not intended to replace government benefits, but to supplement them to enhance the quality of life for those with disabilities. The trusts enjoy a pooled investment strategy to minimize cost and maximize the investment returns. An attorney is required to prepare the trust agreement, as well as to review other legal arrangements that may need to be considered, to protect your loved one's interests. Delaware CarePlan will provide your attorney with the model trust documents needed.
Some of the specific services provided include:
- Trusteeship - facilitating sound administration of assets with professional investment management
- Care Plan Development - guiding asset allocation for specific needs of the beneficiary
- Advocacy - providing a voice to trust beneficiaries in need of representation
- Monitoring - ensuring needs are met and the environment is organized and clean, in residential and day program settings
- Service Procurement - identifying resources and securing services to address specific beneficiary needs, including guardianship
Delaware CarePlan strives to ensure that individuals with special needs – one of society's most vulnerable populations – have the care and support they need when they need it most. With Delaware CarePlan's assistance, parents and guardians find the peace of mind that comes from knowing their loved ones with disabilities will be safe and cared for, even after they are gone.
To learn more about Delaware CarePlan or to make a donation
to support our mission, call 302-633-4000.