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Is a Pooled Income Trust Right for Me?

Pooled Income Trust - Is a Pooled Income Trust Right for Me? - Russo Law Group, P.C.A pooled trust allows disabled individuals who are under age 65 to become financially eligible for public assistance, e.g. Medicaid, SSI, etc. This type of trust provides flexibility—allowing individuals to preserve their assets and monthly income necessary to pay for supplemental needs that are not covered by public assistance.

There are various types of pooled trusts. Many people are unaware of the pooled income trust which can be established by anyone (including seniors) to protect their monthly income and still access Medicaid.

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Breaking News: President Obama Signs the Special Needs Trust Fairness Act into Law!

Breaking News: President Obama Signs the Special Needs Trust Fairness Act into Law! by Vincent Russo

This past Tuesday, December 13th, the Cures Act, containing the SPECIAL NEEDS TRUST FAIRNESS ACT, was signed by President Obama and passed into law; this marks an enormous milestone for individuals with disabilities! The passage of this legislation establishes liberties for persons with disabilities which had been previously denied to them.

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Can I Get Paid to Care for Mom & Dad?

Can I Get Paid to Care for Mom & Dad?Many years ago, there were certain restrictions for home care. It used to be that, in a home care setting, if somebody wanted to hire help outside of an agency to care for mom and dad, that hired person could not be a family member.

Caregivers often ask, “I stopped working because I need to take care of my mom; can I get paid for this?” The answer, traditionally, has been, “No.”

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