Alabama Family Trust Corporation

The Alabama legislature declared the purpose of the Alabama Family trust corporation is to encourage, enhance, and foster the provision of medical, social, or other supplemental services for persons with a mental or physical impairment. Pursuant to 42 u.s.c. 1396p(d)(4)(c) and ala. Code 38-9B, federal and state law allows the Alabama Family trust to be a pooled trust and specifies how the Alabama Family trust protects funds. The Alabama Family trust corporation has taken all steps necessary to satisfy all federal and state laws to ensure that the Alabama Family trust and the Alabama charitable trust are qualified to supplement the provision of government entitlement funding and, where necessary, are qualified as tax exempt entities under the United States internal revenue code.