MLchartDataset catalogue

Pooled trust

Term · Law · MLC-T-LAW-003797

A type of special needs trust administered by a non-profit organization that manages the assets of multiple individuals with disabilities. It allows beneficiaries to combine their funds for investment purposes while maintaining eligibility for public benefits like Medicaid and Supplemental Security Income (SSI). Each beneficiary has a separate sub-account from which funds are disbursed for their supplemental needs.

Table 1. Record
IdentifierMLC-T-LAW-003797
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003797",
  "term": "Pooled trust",
  "field": "Law",
  "definition": "A type of special needs trust administered by a non-profit organization that manages the assets of multiple individuals with disabilities. It allows beneficiaries to combine their funds for investment purposes while maintaining eligibility for public benefits like Medicaid and Supplemental Security Income (SSI). Each beneficiary has a separate sub-account from which funds are disbursed for their supplemental needs.",
  "url": "https://mlchart.com/terminology/law/pooled-trust/"
}

Record 3,819 of 5,441 in Law terminology (MLC-0107). Request the full dataset.