Pooled Special Needs Trusts can work well for small trusts
There are times that an individual with disabilities who is under 65 receives a lump sum of money at a time when s/he is receiving benefits through Supplemental Security Income (SSI), Medicaid or the Division of Developmental Disabilities (DDD). The problem of course is that those are all means-tested benefits and the participant is at risk of losing eligibility if they retain the assets....
DDD Now Insisting on Medicaid Eligibility for All Clients
The New Jersey Division of Developmental Disabilities (DDD) is now insisting that all of their clients establish eligibility for Medicaid and maintain that eligibility to receive DDD services. This is a departure from previous policy whereby the Division provided many services to ineligible clients and either charged them for those services or maintained a lien on their estate. DDD clients...