Do you have resources (assets) of $250,000 or more that you need to protect in order to qualify or maintain eligibility for Medicaid and/or Supplemental Security Income (SSI)? Such as proceeds from a settlement or the sale of a home? NYSARC's Community Trust III is a pooled supplemental needs trust that may be funded with a lump sum or structured settlement.
Does your settlement include a Medicare Set-Aside account (MSA)? We can help with that, too! Learn more >>
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. Please refer to the trust document for more details.
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.
NYSARC Trust Services representatives have always been very professional and wonderful people to work with. They are doing great work with helping people in need.
Yours is the golden standard by which all agencies should be measured.
The quality of service offered by NYSARC Trust Services is unparalleled.