We do the following:

  • Protect Individual Assets
  • Maintain Benefits
  • Resolve Spend Down
  • Relieve Providers of Additional Time and Costs

Trust Procedures

Once the Provider Trust is established for your organization, interacting with the trust on behalf of the individual follows a few simple procedures. 

Establishing an Individual Pooled Trust Account

An individual account within a pooled trust can be started by a parent, grandparent, court, guardian or the individual him/herself.  The establishment form is called a Grantor Agreement and explains who is funding the trust account.  The person funding the trust account is the Grantor.

This form is signed by the Grantor, the individual, and the Trustee.  Once the trust account is set up with the bank and the check is deposited, those acting on behalf of the individual can make distributions to benefit that person's quality of life. 

Making Distributions

Distributions from a trust account can be made on behalf of the individual to benefit his or her quality of life.  If the individual receives Supplemental Security Income (SSI), distributions may not be made for room and board or in-kind support.  If the individual receives Medicaid or Medical Assistance, distributions may not be made that would otherwise be reimbursed by this benefit.  

In spite of those restrictions, distributions can be made for any number of personal items, services, or travel expenses.  See our pdf for a list of Permissible Distributions. 

Long-Range Financial Planning

With appropriate planning, even modest amounts in person's pooled trust can go a long way to improve his or her quality of life.  Making the person's pooled trust a part of the Individual Support Plan (ISP) process will eliminate frivolous spend-down and help ease expenses involved in life transitions.