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SalmonGarflukel Asked January 2017
Will a Medicaid Pooled Trust Cause Issues with assisted living?
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I set my mother up with a Medicaid Pooled Trust (New York) that collects her SSI (SSDI?) overage (spend down?) of $301 a month to be used on bills, expenses and travel, etc. I'm her POA and have assisted her in paying for phone, cable, electricity, etc., and it has worked out very well for her and I'm worried less about missing and unpaid bills. How will having this type of trust affect us seeking ALPs beds for her in the near future? Will she keep paying $301/month even after the facilities receives her SSI payments? I assume they get every penny, so I think not. Would the trust then dissolve? Would the remaining balance go back into the pooled trust to Medicaid?
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BarbBrooklyn Jan 2017
Did you set this trust up with an eldercare attorney? I think s/he might be the best person to answer this. There may be other posters more knowledgeable who will have good answers.
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Sunnygirl1 Jan 2017
You need to seek legal advice from an attorney in your jurisdiction. The laws vary.
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pamstegma Jan 2017
Your biggest problem may be whether or not the facility will accept Medicaid. When we started looking at assisted living facilities, they wanted proof that mom could private pay for at least two years. We are in NY.
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