Guardianship & Trusts Corporation (GTC) is a 501(c)(3) non-profit organization and publicly chartered trust company since 1983. We offer Special Needs Trusts, Discretionary Trusts, Qualified Income Trusts and Pooled Trusts.
Guardianship & Trusts holds a Department of Banking Certificate of Authority from the Tennessee Department of Financial Institutions and is subject to oversight of that regulatory institution.
Guardianship & Trusts serves people with disabilities who named as beneficiaries of Special Needs Trusts. This type of account allows the beneficiary to retain funds for certain medically-related expenses not covered by Medicare or Medicaid while also retaining any public benefits for which they may qualify.
As the only non-profit publicly chartered trust company in Tennessee, GTC’s fees are much lower than traditional trust companies and the service is available to investors at all levels.
We respect that every case is different and we are happy to help navigate you on the best path for your situation.
Trust management services help families and individuals plan to support a beneficiary in the future, professionally managed with the goal of protecting the beneficiary’s resources and benefits. For beneficiaries who qualify for means-tested government benefits (such as SSI or Medicaid ), a Special Needs Trust can provide funds for certain types of expenses while ensuring that the person remains eligible for those benefits.
Self-Settled and Third-Party Pooled Trusts provide an opportunity for families and individuals to set aside funds for the special needs of a beneficiary with a disability, while allowing that beneficiary to remain eligible for government benefits, such as Medicaid and Supplemental Security Income. While there is no maximum amount for a Pooled Trust account, they can be opened with as little as $2,500.
Government benefits including Supplemental Security Income and Medicaid pay for a person's primary living needs only: food, housing, and basic medical care.
Placing funds in our Self-Settled Pooled Trust allows the beneficiary to retain qualification for government benefits.
GTC's Pooled Supplement Needs Trusts serves Tennessee beneficiaries who meet the definition of disability under the Social Security Act.
GTC's Pooled Supplemental Needs Trust provides a source of funds that can be used to pay for supplemental needs such as eyeglasses, medical insurance premiums, diapers, supplemental care and certain other medical supplies and services.