LEARN. PLAN. GIVE. – Trust Options

March 6, 2017 | FREE Blog, Learn. Plan. Give.

Find the trust option that’s right for you – and your loved one.


Third Party Pooled Trust is funded with assets put aside for a loved one with a disability by family members, guardians and others – without jeopardizing the person’s Medicaid or Social Security benefits. Sponsors can continue to fund the trust upon death via their life insurance proceeds.


Surplus Income Trust allows a person with excess income to deposit their monthly amount over the allowable income limit into the trust for monthly expenses, instead of paying it to Medicaid. This trust works well for older adults who receive Social Security and/or retirement benefits and need to qualify for Medicaid covered home services.


Individual Supplemental Needs Trust is used in those instances when a family member acts as guardian but is unable to serve as the trustee. Your attorney can draft the trust agreement to the specific needs of the beneficiary.


To learn more, please contact Nancy Cohen, Vice President of Development and Mission Advancement

ncohen@familyres.org  •  516.870.1612

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