Ask Our Expert


Life Plan Trust provides services throughout the State of North Carolina. In addition to the main office in the Raleigh area, there are regional offices that cover areas of the state.
Trust monies are invested with Wells Fargo’s Charitable Services Group. Life Plan Trust’s Board of Directors review the investments on a consistent basis.
No, only the amount of bequest needed to support the services chosen in the Careplan. Our staff can help estimate what those costs would be over the lifetime of the individual with a disability. Factors affecting the estimated projection are the family member’s age, life expectancy, amount of service hours requested and the amount available for supplemental support.
Yes and there are some situations where an individual with a disability can set a trust with his or her own funds.
If you have planned to fund your trust at your death through a bequest in your will or through a life insurance policy, you may opt out of your contract by removing the bequest in the will (which would have provided funding to the trust) or by changing the beneficiary on your life insurance policy. Medicaid and SSI rules require that these types of trusts be irrevocable in order to continue benefit eligibility for the beneficiary. Life Plan Trust is happy to handle trust funds in the present, if you wish to start your funds now but funds cannot be returned to you or anyone else after they have been passed into the trust. Enrollment and Annual Fees are not refundable.
Life Plan Trust is not able to recommend or endorse any attorneys. You can contact the North Carolina Bar Association and ask for a referral.
Life Plan Trust assists with referrals to other organizations who serve as guardian in N.C., as their primary purpose, such as The Arc of North Carolina’s LIFEguardianship program.
(Please note, this list is not comprehensive):
• Serve as trustee
• Paying bills on the beneficiary’s behalf
• Advocating for appropriate services and assist with ensuring high quality of care
• Researching available community resources
• Teaching certain skills, such as money management skills, to individuals with disabilities to increase independence
• Life Plan Trust is NOT able to provide residential services or primary supervision.
Yes. Our corporation maintains a Corporate Fidelity Bond.
Yes, you can choose any attorney to work with you in developing your will and trust. Life Plan Trust will work with your attorney and your family to answer any questions you may have.
The Enrollment Fee is currently $900. The Annual Update Fee is currently $200 and will never increase once a family is enrolled. Services are currently billed at $85 per service hour.
If the beneficiary lives to the life expectancy agreed upon by the family and Life Plan Trust, it is unlikely that much, if anything, would remain in the trust at his or her death. However, if there is a remainder, a share is retained by Life Plan Trust to assist with other clients. This amount ranges from10%-50% depending on the number of years the client has been served.
Please contact Life Plan Trust at 919-589-0017 or 1-888-301-0799. We would welcome the opportunity to discuss our services with you.