A recent decision by the Third Circuit held that pooled trusts are available to those over the age of 65, and that Congress intended the charity to retain 100 percent of the trust residual on the death of the special needs beneficiary. The case involved a possible clash between state and federal law, as it affected the Medicaid system, which is a state/federal partnership. To avoid abuse of the Medicaid system by using trusts to hide assets to manufacture Medicaid eligibility, Congress … [Read more...] about Pooled Trusts: Third Circuit Decision of Note
