Referral Partners
Since 1989, Ibar has worked alongside attorneys, corporate trustees, banks, financial professionals, and other advisors to help families navigate the practical decisions that arise throughout the life of a Special Needs Trust. Our Trust Advisors provide specialized, ongoing guidance that complements the legal, fiduciary, and financial expertise of the professionals already serving the family.
Why Professionals Partner With Ibar
A well-designed Special Needs Trust provides the legal and financial framework for a beneficiary’s future, but families often need ongoing guidance as circumstances change and important decisions arise. Ibar works collaboratively with the professionals surrounding the trust to help families understand their options, protect valuable public benefits, and make informed decisions with the beneficiary’s long-term well-being at the center.
For Estate Planning & Personal Injury Attorneys
Creating a Special Needs Trust is an important step, but families often need support long after the legal planning or settlement is complete. Questions involving public benefits, trustee administration, distributions, housing, care, and other quality-of-life needs can continue throughout the beneficiary’s lifetime.
Ibar complements the attorney’s role by providing beneficiaries and families with an experienced Trust Advisor who can help navigate these practical questions while working collaboratively with the attorney, corporate trustee, and other professionals.
- Help clients understand how a Special Needs Trust functions in day-to-day life
- Help families prepare for trustee administration and the decisions that may arise over time
- Provide guidance regarding public benefits and trust distribution requests
- Serve as a long-term resource after legal planning or settlement is complete
- Coordinate with attorneys, trustees, and other professionals as the beneficiary’s needs evolve
For Banks and Corporate Trustees
Corporate trustees provide the fiduciary oversight, financial administration, and stability families rely on throughout the life of a Special Needs Trust. Ibar complements that role by providing beneficiaries and families with a dedicated Trust Advisor who understands their circumstances and serves as a consistent point of contact.
Working collaboratively with the trustee, Ibar helps identify beneficiary needs, gather information, evaluate requests, coordinate with families and other professionals, and provide thoughtful recommendations to help inform the trustee’s decision-making.
- Help beneficiaries and families understand how the trust works
- Identify beneficiary needs and gather information related to distribution requests
- Explain how proposed expenditures may affect public benefits
- Facilitate communication between beneficiaries, families, and the corporate trustee
- Coordinate with care providers and other professionals when appropriate
- Provide continuity as the beneficiary’s needs, circumstances, and support network change over time
For Financial Advisors and Wealth Managers
For families planning for a loved one with special needs, financial planning and estate planning are closely connected. Ibar works alongside financial advisors, attorneys, and trustees to help families understand how a Special Needs Trust fits into the broader plan and what ongoing support may look like after the trust is established.
- Identify situations in which a client may benefit from specialized Special Needs Trust guidance
- Coordinate with attorneys and trustees during planning and implementation
- Help families understand public-benefit considerations
- Support multigenerational planning for families caring for a loved one with special needs
- Provide a long-term resource for the family after the trust is established
When your clients need specialized guidance involving a Special Needs Trust, Ibar is here to help. Connect with our team to learn how our experienced Trust Advisors can complement the work you already do and provide ongoing support for your clients and their families.