New: View recording of 2-part Webinar about Supplemental Needs Trusts in NYS. Click here for links to view the recordings and download the PowerPoints.
This in-depth training manual or outline (updated January 2019) covers how Supplemental Needs Trusts work (both individual and pooled), when an asset or lump sum may be deposited into an SNT. For Community Medicaid only, income may also be placed into an SNT. Explains how lump sums and SNTs affect eligibility for SSI, Medicaid, Section 8, SCRIE/DRIE, SNAP, Temporary or Public Cash Assistance/HASA, and other public benefits, including new rules on the Veteran's Pension.
NEW March 2020 - a Power of Attorney used to enroll a beneficiary into a pooled trust or to establish an SNT NO LONGER must have a Statutory Gift Rider. See GIS 20 MA/03 – Clarification of GIS 19 MA/04, “Clarification of Policy for Treatment of Income Placed in Medicaid Exception Trusts” See more here about the directive and how it came about from advocacy from the NYS Bar Association Elder Law & Special Needs Section.
The 2019 edition includes:
The Pooled Trust Notification Law enacted in December 2017!
Other information about Pooled Income Trusts - See Related Articles below.
State forms for proving disability (updated 2012), as needed for approval of a Supplemental Needs Trust, can be downloaded in this article
NYSARC and other pooled trusts periodically revise their joinder agreements, fees and procedures. Check out the websites for these trusts to find the latest forms. Links to most pooled trust websites, along with basic information about the trusts, are in this article.
Watch this taped seminar by David Silva, Asst. Director of the Evelyn Frank Legal Resources Program, explaining pooled trusts. (July 16, 2013 - procedures have not changed in any substantial way as of 3/2015)