How To Use a Pooled Supplemental Needs Trust To Avoid Institutionalization

SNT’s have been used for decades by the family of disabled persons as part of a long-term plan of care for their loved ones. Pooled trusts are a segment of Supplemental Needs Trusts (SNT’s) which are managed by non-profit organizations and the nonprofit acts as trustee. Separate accounts must be maintained for the sole benefit…

Read More

Income too high for Medicaid? Spenddown!

Medicaid is a health insurance program for New Yorkers who cannot afford to pay for their own medical care.  Because Medicaid is a program for the poor, people must have income and assets below a certain limit to be eligible for coverage.  Under the Affordable Care Act, many more New Yorkers will qualify for Medicaid…

Read More