205 East Carmel Drive
Suite C
Carmel, IN 46032
Toll-Free (866) 979-8770
Facsimile (866) 979-8530
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A True National Pooled Special Needs Trust
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Interest-Bearing, FDIC-Insured Trust Sub-Accounts
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Electronic Transfers of Funds (ETF) for Funding, Depositing, and Making Purchases from Trust Sub-Accounts
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The Fastest Disbursement Turnaround Time in the Nation
A Message From The Founder
Greetings from The National Foundation for Special Needs Integrity, Inc. We are committed to serving the needs of parties to mass tort litigation settlement who receive governmental assistance benefits, like Medicaid and SSI.
The attorneys and settlement firm that have teamed up to secure your settlement have referred you to us because you are a recipient of at least one "means-tested benefit," such as Medicaid, Supplemental Security Income (SSI), Food Stamps, HUD/Section 8 Housing Assistance, or other governmental assistance programs. As you know, these governmental agencies limit how much money you can make or how much money you can have at any given time.
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Although we are a 501(c)(3) Not-for-Profit organization, we still must charge a fee for our services. We want you to feel comfortable with us, so we want you to understand how your fees are put to use. With your fees, we pay our rent, salaries and health insurance for our employees, utility bills, office equipment, and everything else required for a business to operate. If you have any questions whatsoever about our fees and how we use the money, please give us a call. We also encourage you to compare our fees with other national pooled trusts or private attorneys and bank trust departments.
We charge two separate fees. The first fee is our Enrollment Fee. This is a one-time only fee that we charge when you first establish your Sub-Account with us. You’ll pay that fee once and then never again. We will deduct this fee from the money that is initially sent to us. There is no need to write a separate check. The second fee is an Annual Fee that is assessed against the balance of your trust Sub-Account at the same time each year. This fee covers the day-to-day administration of your trust Sub-Account--including the processing of Disbursement Requests, making disbursements, and general account management, etc. Like the Enrollment Fee, this fee is assessed automatically. There is never a need for you to send us any money out-of-pocket.
A. Enrollment Fee (One-Time Only)
- Sub-Accounts completely funded at or under $2,500 are free of charge.*
- Sub-Accounts completely funded between $2,501 and $5,000 have an
Enrollment Fee of $275.
- Sub-Accounts completely funded between $5,001 and $10,000 have an
Enrollment Fee of $795.
- Sub-Accounts completely funded between $10,001 and $20,000 have an
Enrollment Fee of $1,100.
- Sub-Accounts completely funded between $20,001 and $40,000 have an
Enrollment Fee of $1,700.
- Sub-Accounts completely funded over $40,000 have an
Enrollment Fee of $2,000.
* If your Sub-Account is less than $2,500, then we will also waive the Annual Fee. Therefore, if you are funding your Sub-Account with less than $2,500, your trust is a free public service provided to you at no charge. You will receive all the services, care, and attention that other Beneficiaries receive. We simply will not charge you for any of them. Trust Sub-Accounts that are initially funded under $2,500, but for which additional funding is expected or is otherwise received, will be charged in accordance with the total amount of funding expected or ultimately received. Trust Sub-Accounts funded with structured settlements will be charged fees in accordance with the total amount of money that will be directed to the account per the terms of the settlement structure.
B. Annual Fee
Each year at the same time, we will charge an annual fee. Our current Annual Fee is 1.5% (one point five percent) against the balance of your Sub-Account (unless your sub-account is less than $2,500 [see * above]).
C. Additional Fees Or Expenses
We want to assure you that Special Needs Integrity does not charge any “fine print” fees associated with the services we provide. For example, there are never any “hourly fees” for research or time spent on a Beneficiary’s file. We will never charge a “surcharge” per transaction or disbursement. However, there may be occasions where a trust Sub-Account may incur additional expenses from third-party providers of goods and services should the acquisition of such goods or services become necessary or advisable. For example, there may be a charge to purchase the checks that are used to draft from a specific sub-account, as well as asset management fees charged by the asset custodian or administration consultant (which may be up to, but no more than, 1.5%). Other additional expenses may include costs for professional fees for attorneys, life plan advisors, case managers, care coordinators, etc. These expenses from third-party vendors are rare and occur only in extraordinary circumstances.
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