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Pooled Trust Medicaid

What is a Pooled Trust with regards to Medicaid?

There is also another type of trust known as a Pooled trust. This type of trust will recognize that in some cases, it would not be cost effective to hire any attorney to draft a trust. Pooled Trusts typically manage the assets of the disabled individual. These trusts can be established for any person, regardless of age. They are not restricted to people under 65 like other trusts are. Another major difference with a Pooled Trust is that the assets that remain in the trust when the beneficiary dies will be partially allowed to be kept and used to repay Medicaid if necessary.
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