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.