pooled-trust

A pooled trust is an irrevocable trust that allows individuals with disabilities and older adults in New York to retain eligibility for means-tested government benefits like Medicaid and Supplemental Security Income (SSI) by placing excess assets into a shared, managed trust. Understanding Pooled Trusts Pooled Trusts, under Sections 1917(d)(4)(A) and (C) of the Social Security […]

What is a Pooled Trust? A pooled trust is a type of special needs trust that is managed by a nonprofit organization. The trust is designed to help people with disabilities who have assets that would otherwise disqualify them from receiving Medicaid benefits. To qualify for a pooled trust, the individual must meet certain eligibility […]