Protecting the public benefits for basic needs of disabled persons, while ensuring that resources are available for special needs.
LSS Pooled Trust
A pooled trust is a new tool for disabled persons of any age, ensuring the availability of resources for both essential and supplemental needs. The creation of a pooled trust moves assets from being countable in relation to Medicaid and Social Security eligibility, to being non-countable assets. This ensures that disabled persons will not suffer a potential reduction of their public benefits.
How is the LSS Pooled Trust different from a special and supplemental needs trust?
- A pooled trust can benefit any disabled person, at any age.
- Participants can join the LSS Pooled Trust with investment levels significantly lower than those required by banks and other trust companies.
- To increase investment benefit and provide management efficiencies, the LSS Pooled Trust collects the funds of many clients into a single, "pooled" trust.
How does a disabled person join the LSS Pooled Trust?
Contact a Pooled Trust specialist by calling 1.888.806.6844.
A disabled person, a parent, grandparent, guardian, conservator, or the court can establish participation in the LSS Pooled Trust. The Trust is often funded by proceeds from personal injury settlements, divorce settlements, retroactive disability payments, inheritances, and savings.
LSS Master Trust Agreement
LSS Joinder Agreement
LSS Supplemental Form
IRS W-9 Form
LSS Pooled Supplemental Needs Trust
Joinder Agreement for LSS Pooled Supplemental Needs Trust