Pooled Trust for Resources of $250K+ 

Community Trust III: Funded with Excess Resources (Assets)

Do you have resources (assets) of $250,000 or more that you need to protect in order to maintain eligibility for Medicaid and/or Supplemental Security Income (SSI) benefits? Such as proceeds from a settlement or the sale of a home?

Community Trust III is a pooled supplemental needs trust (SNT) that is funded with excess resources (assets) in the form of a lump sum or structured payments. The minimum initial deposit is $250,000.

This trust allows for a potential remainder beneficiary after State(s) payback. The distribution of funds remaining upon the death of the individual is dependent on the size of the account and the existing Medicaid lien.

For more information, please call (518) 439-8323 or use the contact form to request a copy of the Joinder Agreement (trust application), fee schedule, and other trust documents.

When to Choose a Pooled Trust for Asset Protection?

Individual SNTs can be costly to set up and maintain. A pooled trust is an affordable alternative that offers greater investment power and lower set up and monthly fees because everyone's funds are pooled into one account.

You may consider choosing a NYSARC pooled trust when:

• You want to maximize the value of the funds with lower fees and greater investment power
• The beneficiary has complex medical needs, therefore, selecting a professional Trustee who understands government benefits and the individual's unique needs can help maximize the funds in the trust to improve their quality of life
• There is not an appropriate person to serve as trustee of an individual SNT
• The trust beneficiary is over the age of 65, therefore, they can no longer spend-down funds in an individual SNT