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What are the benefits of using CCT?

Benefits CCT
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What are the benefits of using CCT?

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• There is security that CCT has knowledgeable staff and a Board of Directors who will oversee the management of the trust. • An individual trustee could die, move away or not fulfill the trustee role for some other reason. CCT offers continuity, as the program does not depend on one individual. • The Trust document was written by an attorney with expertise in this area of the law. The Virginia Department of Social Services and the Social Security Administration have reviewed the trust document for compliance with applicable regulations. • Banks and trust companies will often not accept or manage a trust that is not funded up to a certain amount. Depending on the bank, the trust account may have to be several hundred thousands dollars or more. Parents who cannot afford to fund a large trust are often able to fund an adequate account through CCT. There is no minimum amount required to participate. • Staff and the Board of Directors have expertise and experience with people who have disa

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