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Protecting Assets,
Preserving Independence,
and Providing Quality of life |
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The First Florida Pooled Trust is a special needs trust for persons of all ages with disabilities, from newborns to the elderly. Like all special needs trusts, it has only one purpose: To allow those with disabilities of any age to retain access to their assets and still qualify for government benefits, such as Medicaid or Supplemental Security Income (SSI).
By current State and Federal Law, a person having assets of more than $2,000 is not eligible to receive benefits from Medicaid. A special needs trust will help ensure that persons with disabilities retain their eligibility to receive State and Federal benefits.
Previously a financial tool of the privileged—with access to attorneys and financial advisors—special needs trusts were difficult, if not impossible, for middle to lower income families to set up and manage. The First Florida Pooled Trust is available to everyone with disabilities, regardless of how much money they have.
The First Florida Pooled Trust is about choice, and giving persons with disabilities the ability to choose what services and products they wish to receive, rather than being told what they can receive. We believe that, whenever possible, persons with disabilities should make their own decisions on their care, treatment, living arrangements, and all other aspects of their lives. The First Florida Pooled Trust is designed so that they can do just that. We will also explain all the financial options that are available, and help you decide which ones are right for you and your family.
If you have a child with disabilities or an aging parent, take the steps now to protect their future. If you are a person with disabilities, a special needs trust can help you be eligible for government benefits such as Medicaid and SSI. A special needs trust will protect independence, choice, and quality of life. For more information about the First Florida Pooled Trust, please contact us today or click on the FAQ (frequently asked questions) icon.
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