What is a Pooled Special Needs Trust?

Also called a Supplemental Needs Trust, or SNT, a Pooled Special Needs trust lets a person with a disability set aside money without losing critical benefits like SSI or Medicaid. 

• Funds are managed by a nonprofit trustee (CFPD) 
• Each person has their own individual account 
• Money is used only for the beneficiary’s needs

When Do You Need One?

A Pooled Trust may help if you or a loved one has received:

• An inheritance
• A personal injury settlement
• A Social Security back payment
• Ongoing income that exceeds limits

Without a trust, these funds can disqualify you from benefits.

A pooled trust helps you keep both:

• Your benefits
• Your money working for you

Who Can Open a Trust?

• Individuals with a qualifying disability
• Parents, grandparents, or legal guardians
• Courts (in some cases)
• Family members planning ahead for a loved one

First Party vs. Third Party Trusts

The right type depends on whose money is being used:

First-Party Pooled Trust

• Funded with the beneficiary’s own money
• Common sources:
  • Settlements
  • Back payments
  • Direct inheritances
• Helps maintain SSI/Medicaid eligibility

Third-Party Pooled Trust

• Funded by family members or others
• Used for future planning
• Remaining funds go to family or chosen beneficiaries