PO Box 1531
Latham, New York 12110 Fax: (518) 439-2670
Call us: (518) 439-8323

Third Party Pooled Trust

Protect Assets for People with Disabilities

The NYSARC Third Party Community Trust is an irrevocable pooled supplemental needs trust (SNT) that is established and funded by a family member, friend, or other interested third party, known as the Donor.

The purpose of this trust is to assist families in providing for the future needs of a loved one with a disability while preserving that person’s financial eligibility for vital means-tested government benefits.

Review Documents

Steps to Establish

Fee Calculator

Financial Management
Admin Cost
Approx. Monthly Cost*:
*See current fee schedule for more information.

How to Fund the Trust?

You can fund the trust today with a minimum of $10,000, but you do not have to fund the trust immediately. Most trust accounts are funded through the Donor’s will, estate plan, life insurance policy, or employee benefit. The trust can also be funded during the Donor’s lifetime by a gift, bequest, or inheritance.

Unfunded accounts must pay a one-time, non-refundable enrollment fee and a nominal annual administrative fee to maintain the account. Monthly administrative fees begin once the account is funded. Monthly fees are deducted from the balance of the trust.

How to Fund the Trust
Image of two caregivers holding a small boy smiling together

Why establish a NYSARC Third Party Community Trust?

A supplemental needs trust (SNT) is an essential financial planning tool for people with disabilities who need to preserve their eligibility for means-tested government benefit programs, such as Supplemental Security Income (SSI) and/or Medicaid.

These vital programs can make dramatic improvements to a person’s quality of life, while the funds in a trust can pay for life-enhancing and supplemental needs that a person’s benefits do not provide.

Families who establish a NYSARC Third Party Community Trust receive personalized service from a professionally trained non-profit organization and a financial institution who serves as co-trustee to manage trust investments.

Image of two young children laying in the grass together smiling
Image of young boy on a playset in a park with caregiver standing behind him smiling
Case Study

Plan for the Future

MaryAnn is a mother with two children. Her son is bipolar and unable to work or live independently without support. He receives Medicaid benefits and may need SSI in the future. He and his sister are not very close and MaryAnn is concerned about who will manage a trust for her son when she dies and can no longer support him financially.

The Third-Party Community Trust is an irrevocable pooled trust that is managed by a non-profit organization. She establishes the trust and works with an attorney to name the trust in her estate planning documents and as the beneficiary of assets that her son will inherit. This way he will have money available to do things like, travel, take art classes, and other life-enhancing purchases that his benefits do not provide.

Third Party Community Trust Documents

PDF icon
Joinder Agreement - Trust Application
PDF icon
Electronic Deposit Form
PDF icon
New Account Deposit Slip
PDF icon
Information and Procedures
PDF icon
Fee Schedule
PDF icon
Master Trust
PDF icon
Third Party Community Trust Brochure
PDF icon
Third Party Pooled Trust Tri-Fold Brochure
PDF icon
Frequently Asked Questions
PDF icon
Sample Letter to Families
PDF icon
Residual Beneficiary Change Form
Steps to Establish

Join the NYSARC
Mailing List

Sign up for email updates about important industry topics, policy changes, new services, and other information!

Sign Me Up!

Contact Us!

PO Box 1531
Latham, NY 12110 Phone: (518) 439-8323 Fax: (518) 439-2670
Contact Us