Skip to content

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.

Read More

What is the Best Way to Protect an Inheritance?

Russo Law Group, P.C. - What is the Best Way to Protect an Inheritance?We often see clients with concerns about loved ones who receive government benefits such as Supplemental Security Income (SSI) and/or Medicaid. Since SSI and Medicaid have very strict rules as to how much money and how much income beneficiaries can have in their name, clients often want to be sure that their gift does not affect SSI and/or Medicaid benefits. It’s very important in this type of situation to implement proper planning that protects their loved one’s important benefits.

Read More
Back To Top
Search