Quiz: Find Your Fit
Is a Pooled Special Needs Trust Right for You?
The major difference between a regular pooled trust vs. a special needs trust is that the latter is designed for donors whose beneficiaries are older adults or individuals with disabilities who wish to remain eligible for government benefits.
The beneficiary, a parent, a grandparent or the court may establish a first party sub-account funded initially with resources belonging to the beneficiary. Someone other than the beneficiary may also establish and fund a third party sub-accrenount within the pooled special needs trust. The assets used to fund a third party sub-account must have always been owned by someone else and not the beneficiary.
Our questionnaire can help you discover if a pooled special needs trust is right for you. Click the button below to fill out the questionnaire, or keep reading for more helpful information.