Notice of Application; Acceptance, Denial; Termination of Benefits. In order to enjoy the benefits of the Trust to the fullest extent possible, the Beneficiary, or the Beneficiary’s legal representative, shall be required to notify the Trustee whenever the Beneficiary: a) applies for government assistance; b) has an application for government assistance approved; c) has an application for government assistance denied; and/or, d) has government assistance terminated. Notice shall be in writing, by certified mail, return receipt requested, in care of the Trustee, The Center for Special Needs Trust Administration, Inc., at the address set forth in the General Instructions hereto, and which is also set forth on the last page of this Agreement, or at such other address as the Trustee may designate from time to time. Such notice to the Trustee shall be made within 10 (ten) days of the event that triggers the Beneficiary’s duty to give notice under this paragraph 2.05. In no event shall the Trustee be liable for making disbursements and/or distributions which result in a reduction of government assistance, a termination of government assistance, or ineligibility for government assistance when the Trustee did not have actual notice of such government assistance, or such other circumstances giving rise to such termination, reduction, and/or ineligibility, at the time such disbursements may have been made or requested, or when the Beneficiary or the Beneficiary’s representative waives such liability in a signed writing. Consistent with the Beneficiary’s affirmative duty to notify any relevant government agencies administering the Beneficiary’s government assistance program(s) of any material change in circumstances, all such duties to notify shall continue to be the Beneficiary’s in the event that distributions and/or disbursements may have such a material effect, and the Trustee shall have no duty in this regard.
Appears in 3 contracts
Samples: Pooled Income Trust Joinder Agreement, Joinder Agreement, Joinder Agreement
Notice of Application; Acceptance, Denial; Termination of Benefits. In order to To enjoy the benefits of the Trust to the fullest extent possible, the Beneficiary, or the Beneficiary’s legal representative, shall be required to notify the Trustee whenever the Beneficiary: a) applies for government assistance; b) has an application for government assistance approved; c) has an application for government assistance denied; and/or, and/or d) has government assistance terminated. Notice shall be in writing, by certified mail, return receipt requested, in care of the Trustee, The Center for Special Needs Trust AdministrationCLC Foundation, Inc., at the address set forth in the General Instructions hereto, and which is also set forth on the last page of this Agreement, or at such other address as the Trustee may designate from time to time. Such notice to the Trustee shall be made within 10 (ten) days of the event that triggers the Beneficiary’s duty to give notice under this paragraph 2.053.05. In no event shall the Trustee be liable for making disbursements and/or distributions which result in a reduction of government assistance, a termination of government assistance, or ineligibility for government assistance when the Trustee did not have actual notice of such government assistance, or such other circumstances giving rise to such termination, reduction, and/or ineligibility, at the time such disbursements may have been made or requested, or when the Beneficiary or the Beneficiary’s representative waives such liability in a signed writing. Consistent with the Beneficiary’s affirmative duty to notify any relevant government agencies administering the Beneficiary’s government assistance program(s) of any material change in circumstances, all such duties to notify shall continue to be the Beneficiary’s in the event that if distributions and/or disbursements may have such a material effect, and the Trustee shall have no duty in this regard.
Appears in 2 contracts
Notice of Application; Acceptance, Denial; Termination of Benefits. In order to enjoy the benefits of the Trust to the fullest extent possible, the Beneficiary, or the Beneficiary’s legal representative, shall be required to notify the Trustee whenever the Beneficiary: a) applies for government assistance; b) has an application for government assistance approved; c) has an application for government assistance denied; and/or, d) has government assistance terminated. Notice shall be in writing, by certified mail, return receipt requested, in care of the Trustee, The Center for Special Needs Trust Administration, Inc., at the address set forth in the General Instructions hereto, and which is also set forth on the last page of this Agreement, or at such other address as the Trustee may designate from time to time. Such notice to the Trustee shall be made within 10 (ten) days of the event that triggers the Beneficiary’s duty to give notice under this paragraph 2.053.05. In no event shall the Trustee be liable for making disbursements and/or distributions which result in a reduction of government assistance, a termination of government assistance, or ineligibility for government assistance when the Trustee did not have actual notice of such government assistance, or such other circumstances giving rise to such termination, reduction, and/or ineligibility, at the time such disbursements may have been made or requested, or when the Beneficiary or the Beneficiary’s representative waives such liability in a signed writing. Consistent with the Beneficiary’s affirmative duty to notify any relevant government agencies administering the Beneficiary’s government assistance program(s) of any material change in circumstances, all such duties to notify shall continue to be the Beneficiary’s in the event that distributions and/or disbursements may have such a material effect, and the Trustee shall have no duty in this regard.
Appears in 1 contract
Samples: Joinder Agreement