Named by the Grantor, this person is responsible for
making requests to CCT for disbursements that are for
the sole benefit of the Beneficiary. The Advocate
will have access to financial statements. The
Advocate can be the Beneficiary, a Guardian,
Conservator, Power of Attorney, family member and/or
someone who is familiar with the needs of the
Beneficiary. CCT requests additional Advocates be
named as backup.
– The person for whose benefit the trust is
A developmental disability or disability due to an
accident is defined by the Social Security
Administration as the inability to engage in
substantial gainful activity (employment) for an
adult. There must be a physical or mental impairment
that can be expected to last at least 12 months.
A fiduciary acts on behalf of the Beneficiary of a
trust fund and is held to the highest standards of
loyalty and competence in the administration of the
trust (see Trustee).
– The person who establishes the trust and is
generally the person whose assets fund the trust.
– A Third Party Special Needs Trust can be
established as irrevocable where no one reserved the
power to revoke the trust. The trust becomes
irrevocable upon the death of the Grantor. The trust
document conforms to the requirements of 42 U.S.C.
1396p and/or state law. A Pooled Disability Trust is
irrevocable by law.
Agreement – The legal contract for enrollment
that is used when parties create a trust as outlined
by the Master Trust Agreements. The Joinder Agreement
needs to be completed, signed and notarized.
of Intent – The Family and Beneficiary
Information form provides SNT participants
an opportunity for the Grantor(s) to elaborate
on their vision and goals for the trust and to
share with the Trustee information about the
Beneficiary which can include special interests,
likes and dislikes. The Objectives for the Trust form
provides the same opportunity for PDT
Trust Agreement – Arrangement where a trust
company acting as the Trustee manages individual
special needs trusts under the umbrella of a "master"
or large trust fund.
One of two principal health care programs run by
state governments available to those who are disabled
and meet financial eligibility requirements (rather
than recipient age requirements) covering much of
necessary medical care. Along with SSI, maintaining
eligibility for Medicaid is a central focus of
special needs trust administration.
– In order for a Beneficiary of a self-funded
Pooled Disability Trust to have money in a trust,
federal and state law requires that upon the
Beneficiary’s death, the state or states will have a
claim against the trust money for any money that the
state Medicaid program has paid out on his or her
behalf that is not retained by a nonprofit
organization. It is important to note that the third
party Special Needs Trust does not require a Medicaid
payback upon the Beneficiary’s death.
One of two principal health care programs operated
and funded by the federal government for senior
citizens, people 65 years of age or older; certain
younger people with specific disabilities; and people
with end-stage disease such as renal disease.
Trust – A trust that is administered by a
nonprofit organization where the funds are pooled for
investment purposes. Each beneficiary’s sub account
is maintained separately for purposes of keeping
accurate records on deposits and withdrawals.
Financial statements are available on the internet or
are mailed quarterly.
– Refers to any trust which is, by its own
terms, revocable and/or amendable, meaning able to be
undone or changed.
Disability Trust (PDT) – Self-funded by the
individual with a disability as a result of a
personal injury award, social security back-payment
or inheritance. For people that receive Medicaid,
this is a Medicaid payback trust. The PDT is
irrevocable by law.
Social Security Disability Insurance –
Sometimes referred to as SSDI or SSD, this benefit
program is available to individuals with a disability
who have sufficient work history prior to becoming
disabled or are entitled to receive benefits by
virtue of being a dependent or survivor of a
disabled, retired or deceased insured worker.
Needs – The trust is for the Beneficiary's
"special needs" or sometimes referred to as
Supplemental Security Income (SSI) – This
benefit program is available to low-income
individuals who are disabled, blind or elderly and
have limited income and few assets. SSI eligibility
rules (no more than $2,000 in assets in year 2010)
form the basis for most other government program
rules and are the central focus for special needs
trust planning and administration.
Party Special Needs Trust (SNT) – Funded by a
third party, usually a parent or other close family
member to improve the quality of the Beneficiary’s
life. Sometimes called a "supplemental needs trust."
– A trust is an arrangement by which a person
makes a financial gift to a Trustee to be used for
the benefit of the Beneficiary.
– Designated by the Grantor, the Trustee
manages the trust’s assets, administers the trust
provisions and makes disbursements from the trust.
The Trustee may be a professional Trustee such as CCT