PLEASE NOTE: The funding procedure for new accounts has changed. New accounts can now fund a trust by mailing a check directly to the bank or by a one-time electronic deposit. See instructions.

Helping people with disabilities protect benefit eligibility since 1972

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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:

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