Pooled Trust for Resources of $250K+ 

Community Trust III: funded with Excess Resources

This trust is commonly used when a person on Medicaid and/or SSI benefits comes into a windfall of money, such as from a personal injury lawsuit, structured settlement, or a direct inheritance from the sale of a home.

Community Trust III is a pooled supplemental needs trust (SNT) that is in many ways a hybrid between an individual trust and a pooled trust because this program allows the potential for a portion of any remaining funds to go to other family members once any Medicaid lien is satisfied upon the passing of the trust beneficiary.

• Minimum opening deposit: $250,000 (lump sum or structured payments)
• Cost to establish: $500
• Administrative Costs: 0.6% annually*
• Investment Management: 0.75% annually
• Annual Tax and Audit Prep: $600

*Download the current fee schedule for more information.

Beneficiaries receive the benefits of a professional trustee with extensive fiduciary and wealth management experience and the cost savings and efficiency of a pooled trust.

Trust funds are invested in a balanced portfolio in accordance with the Trust’s investment policy, which is established by the Trustee and its co-trustee Key Private Bank, a financial institution with more than 190 years of trust administration and wealth management experience.

Beneficiaries also receive the personalized service of a dedicated case manager who provides hands-on assistance with the day-to-day management of the funds and specializes in working with people with disabilities and people living with a mental health diagnosis.

When to Choose a Pooled Trust for Asset Protection?

• Quick and inexpensive to establish and maintain
• Trust documents approved by Medicaid and Social Security Administration (SSA)
• Personalized service from a dedicated case manager
• Professional non-profit trustee with extensive knowledge of government benefit programs
• Investments managed by co-trustee Key Private Bank – a corporate fiduciary with more than 190 years of experience
• Investment strategy is structured within our policy to be consistent with beneficiary’s goals
• Great option if there is not an appropriate person to serve as trustee

Community Trust III Documents:

• Pooled Trust for Excess Resources/Assets

• Information & Procedures

• Master Trust - Community Trust III

• Joinder Agreement (Trust Application)

• Fee Schedule