Guardianships of Estates
and Special Needs Trusts

Fifth Third Private Bank is here to help

About guardianships and special needs trusts

Trusts can also serve to take care of adults and children with special needs. With a keen understanding of both the human and the financial needs associated with these circumstances, our trust administration professionals bring a wealth of experience and expertise to the administration of guardianships of estates and special needs trusts.

Providing expertise to protect benefits

The administration of special needs trusts requires careful coordination to avoid disqualifying a beneficiary from receiving governmental benefits such as Medicaid and Social Security. Likewise, guardianships require the ability to work closely with state courts over time to best benefit the family member.

Offering customized administration

We offer customized services to fit the needs of each individual and family, including:

  • Administration and counsel by a professional experienced with children with special needs and disabled adults
  • Coordination between Fifth Third as guardian or trustee, the attorney and the courts
  • Impartial management by an unbiased professional
  • Prompt collection of receivables due to an estate or trust 
  • Record keeping and preparation of court accountings
  • Timely and accurate reporting
  • Bill payment
  • Medical insurance claim filing
  • Asset collection and custody
  • Investment management
  • Income and transfer tax planning
  • Real estate and other special asset management