"Meeting a Lifetime of Needs"


The Illinois Disability Pooled Trust  
Serving over 1400 clients in the past 18 years
and still going strong! 
Contact us today to discuss the person with disabilities in your life.
The Two Trust Options We Provide

1.  Self-Settled Trusts 

        When?
 
        When is it appropriate to create an SNT? The person with disabilities or his/her representative must consider an SNT when the person with disabilities encounters one of the following 3 situations: 
          
        1. Receipt of a personal injury or medical malpractice settlement 
        
        2. Receipt of inheritance

        3. Preserve existing assets at the on-set of disability       

        Why?                  

        1. To maximize public and private resources available to individuals with disabilities
   
        2. To extend the shelf-life of existing assets in order to provide for supplemental needs/benefits  

        3. Because there are many variables/dynamics that cannot be planned for or anticipated:
            a) The needs of the person with disabilities
            b) Uncertainty of what government benefits will provide
            c) Advancements in technology 

        4. A guardian has a duty to engage in estate planning

2.  Third-Party Settled Trusts
       
         Family (other than the disabled person's spouse), friends and others may choose to fund a third-party special needs trust for the disabled person, either by transferring their own cash or other assets or providing for the transfer via a will or life insurance policy. Third party special needs trusts do not jeopardize means-tested goverment benefits, such as Medicaid, and are not subject to Medicaid payback requirements.
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