ARC Trust I/II

Last update:

10/22/2009

DataWeb is happy to announce the availability of a Special Needs Trust management application designed specifically for Special Needs Trusts I and II (pooled). This application was developed in conjunction with The ARC of Indiana and is currently being used to manage all of their Special Needs Trusts.

General

	Data Entry
	Account Information
	Application is transaction based for ease of auditing and tracking
	Utilizes Microsoft SQL Server for superior speed and security
	Developed with Industry Standard Microsoft Products
	Microsoft SQL Server is generally available to not-for-profits at a greatly reduced cost.

Trust I

Handles Funded and Unfunded Trusts

Handles fees

	Consulting Fees for Funded Accounts
	Maintenance Fees for unfunded Accounts

Data entry program to enter the gross investment income that gets distributed

Transactions

Tracks all Key people

Exports to most accounting packages for check printing

Trust II

	Calculates Renewal fees
	Exports to most accounting packages for check printing

Security

	Disbursement approval process that includes separate personnel security controls for entry, approval and transaction creation.
	All transactions are stamped with time/date and operator information for auding and tracking purposes
	Security levels are assigned

Report

	User customizable reports via mail-merge with Microsoft Word.
	Some reports export comma delimited files for import into Excel.
	Creates Joinder agreements that are sent to key people for verification.
	Client balances and detail history by date range
	Disbursement letters to multiple Government agencies
	Death letters to Medicaid
	Total disbursements for each beneficiary for each year required for Schedule K-1
	Calculate weighted average of percentage of Trust owned by each beneficiary for the year for K-1
	Itemized statement over any time period
	Annual fee report
	and others