Pooled Trusts Overview for Attorneys
By the time you have resolved a client’s case, you have worked long and hard to secure the best possible outcome for him or her. Our job starts where your job ends. We protect eligibility for needs based government benefit programs for personal injury victims. Settlement Solutions National Pooled Trust (SSNPT) can be utilized in every state where it is allowed and we abide by all state specific rules for their respective Medicaid programs. Medicaid programs are regulated differently by each state even though the program is partially federally funded. A trust such as the SSNPT has inherent spendthrift protections which protects your client from those who might prey upon them after they receive a settlement.
Settlement Solutions National Pooled Trust specializes in working with personal injury victims from single event cases and mass torts. Our team of experts can help with the planning necessary to fully protect government benefit programs. We have a national network of elder law attorneys who can handle the creation of the legal documents to join the SSNPT and make sure that your office is relieved of the work needed to set up as well as fund the pooled trust sub-account for your client. The process to establish the pooled trust sub-account isn’t complicated and typically can be accomplished relatively quickly with a competent adult. If a case involves a minor or someone who isn’t competent, that can make the process somewhat longer but still usually relatively quick.
