Resources for Seniors & the Disabled regarding long term care
What is a Pooled Trust?
Pooled Supplemental Needs Trusts (SNT)
A pooled trust is an irrevocable supplemental needs trust (SNT) that, under Federal and New York statute, allows people with disabilities and older adults seeking long-term care services to spend down excess funds in order to qualify financially or maintain eligibility for government benefits, such as Medicaid and/or Supplemental Security Income (SSI).
For more information, please click here: https://www.nysarctrustservices.org/nysarc-trusts/pooled-trusts/#:~:text=A%20pooled%20trust%20is%20an%20irrevocable%20supplemental%20needs,such%20as%20Medicaid%20and%2For%20Supplemental%20Security%20Income%20%28SSI%29.