Effective 2005, our firm along with a statewide charity, created a Pooled Disability Trust to preserve the assets of disabled persons. The Trust creates a “safe harbor” for persons on SSI, SSD, and/or Medicaid to be used for their supplemental needs. The Trust observes strict investment rules, has a qualified Trustee, and provides for every situation, even for modest sums. Any monies remaining after the death of the beneficiary are retained by the charity and will be used to provide income to the disabled population.
For more information about this Trust, please visit www.nonprofitpooledtrust.org.