In some ways PLAN is like the trust department of a bank. It has trust powers and sees to it that the assets are in safe and appropriate investments. But PLAN has a very special function. It arranges for the delivery of services to the disabled beneficiary responding to the requirements set forth by the family. Banks focus on money management.
PLAN focuses on the disabled person with services funded from the trust set up by the family.
PLAN has NO minimum. The only limit is that the money in the trust be sufficient to pay for the services described in the Personal Care Plan. Some families may specify that someone be available only to take the disabled person to the movies or dinner monthly. For others, the list of supplementary services may be extensive. PLAN is for families of all asset levels but may be the best choice for families of average means.