WEBVTT

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[ MUSIC ]

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It's nice that the special

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needs trust has that and will

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protect her.

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Allison Bren Ferris, national

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manager of special needs trust

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services, focuses on protecting

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clients' assets.

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And that protection is

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invaluable to Linda Anderson,

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whose daughter, Mari, has a

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special needs trust.

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Mari was an amazing girl

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before the accident.

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Not that she's not an amazing

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girl now, but she was a gift to

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us.

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I had her when I was 42 years

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old and she was perfect.

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Absolutely perfect.

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So funny, athletic, intelligent,

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and the love of our lives.

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We didn't think that she would

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go anywhere but straight up to

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upper education and in 2005, we

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were leaving her day care and

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went out into the intersection,

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went on the green light and were

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hit almost immediately but a

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drunk driver, T-boned into her

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car leaving her severely,

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severely brain damaged.

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Today, Mari is receiving the

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support she needs.

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It's a majorly silly day.

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Daddy riding escalators.

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Daddy riding escalators.

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Her injuries were really

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catastrophic and Mari, sadly,

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will never ever regain all of

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her total abilities that she

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had.

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But she'll always need help and

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the good thing is that the trust

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will always be there even after

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her family isn't to help her

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have the highest quality of life

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she can.

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Mari's funds came from a

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personal injury settlement.

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These trust funds are

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distributed when Mari has

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supplemental needs that aren't

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covered by public benefits or

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other insurance, and this is

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fairly typical of the special

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needs trusts we have at Wells

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Fargo.

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.

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For people living with a

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disability, there are almost

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always significant financial

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challenges and the funds in a

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SNT can work together with

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public benefits to meet the

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person's needs.

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The key aspect that

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differentiates a special needs

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trust is that it preserves the

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client's eligibility to access

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many needs-based public benefits

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that they otherwise would not

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qualify for.

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The special needs trust is

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designed to supplement and

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provide for the client's needs

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that are not taken care of by

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those basic benefit programs.

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The trust might pay for items

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such as emotional support,

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therapy animals, extra companion

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care, accessible vehicles with

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ramps and wheelchair lifts,

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assistive technology devices and

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modifications to a person's home

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such as therapy pools, ramps and

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accessible showers.

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We try to be creative and

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collaborative in thinking about

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distributions that can make

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someone's life better.

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We've helped clients purchase

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aquariums, take dream trips to

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amusement parks and purchase

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all-terrain wheelchairs.

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The trust pays for Mari's

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specialized day care and

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educational items like her i

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Pad.

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Say, Hi, Kitty.

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Hi, Kitty.

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Allison is our guardian

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angel.

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[LAUGHTER] I have so much on my

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plate.

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I have so many people,

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medically, legally,

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educationally to meet with,

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Allison and company really take

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care of that for us and have

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never let us down.

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The fiduciary duty of a

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trustee is one of the highest

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duties that there is and

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administering an SNT is a

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significant responsibility.

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So having a professional who's

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trained and able to avoid the

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potential pitfalls around

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administering SNT s is really

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helpful for the clients and for

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the family.

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When a family is doing estate

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planning and names Wells Fargo

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as trustee of an SNT or a

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personal injury attorney

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suggests Wells Fargo as a

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trustee of an SNT that will hold

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a settlement, they can be sure

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that we will do our best to take

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care of the beneficiary and

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manage their trust well.

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Thank God, you know?

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[LAUGHTER] GO, go, go, Let's go!

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Marching two by two.

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So it's reassuring to have them

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handling Mari's money.

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It's reassuring that they

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thought well enough to have a

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division for special needs

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trusts and well-staffed with

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people who know what they're

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doing.

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it's really neat to have a

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job where you're making those

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personal connections and having

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personal relationships every day

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and at the end of the day, you

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really feel as though you're

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connected to a community that

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helps you grow and helps you see

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a different aspect of the world

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than you would otherwise.