The Theresa Foundation Pooled Trust of New York is a special type of trust that allows a beneficiary of any age to become financially eligible for public assistance benefits, such as Medicaid home care, while preserving their monthly income in trust for living expenses and supplemental needs. The Center for Special Needs Trust Administration, Inc. (The Center) is the trustee that administers The Theresa Pooled Trust (Trust).
Upon the beneficiary’s death, any remaining assets in the pooled trust must either be retained in the Trust or used to reimburse the state of New York for all medical benefits provided by the beneficiary. As part of their charitable mission, the Theresa Foundation and the Center have partnered to provide comprehensive services to the entire community of people with disabilities in New York.
For more information on Pooled Trusts please visit The Pooled Trust FAQ Page.
To access the necessary documents for joining The Theresa Pooled Trust, visit The Pooled Trust Documents Page.
For more information on The Center For Special Needs Trust Administration, Inc. go to: www.centersweb.com