Pooled Disability Trust

/Pooled Disability Trust
Pooled Disability Trust 2018-03-16T13:22:35+00:00

For details, call 216.378.3564

JFSA serves as an approved liaison with the Community Fund Management Foundation, an organization that develops trust vehicles, education, and related service that enable individuals with disabilities to use private funds to enhance their quality of life while attempting to safeguard their eligibility for government benefits.

A disability trust safeguards your loved one’s eligibility for government benefits. Trusts can be funded at any time and used for expenses not provided for under government programs. JFSA staff can act as a designated advocate.

Master Trust

  • Can be made revocable or irrevocable
  • $15,000 minimum needed to establish the fund
  • Can only be funded with monies from others (not the disabled)
  • After the death of the beneficiary, any balance in the trust can be gifted to another beneficiary

Pooled Medicaid Payback Trust

  • Irrevocable trust
  • $5,000 minimum needed to establish a fund and access monies
  • Can be funded by any individual at any time
  • Upon beneficiary’s death, balance in the trust is designated to the Jewish Federation of Cleveland to provide financial support for those who lack the means to have their own trust

Roll-In Payback Trust 

  • Irrevocable trust
  • $750 minimum required to establish fund
  • $5,000 balance required to access monies for supplemental items or services
  • Designed for adults with a disability who are able to contribute small amounts of money to the trust