Pooled Trusts

A pooled trust is a specialized savings and management program for individuals with disabilities. It combines their funds into a single, professionally managed account but keeps each person's money separate for their benefit. This setup helps the individual qualify for government assistance programs like Medicaid without losing eligibility, as their funds are considered protected and not counting toward resource limits. Pooled trusts are managed by nonprofit organizations, providing financial oversight and ensuring funds are used for the individual's needs. They are a flexible way to preserve assets while maintaining access to important benefits.