This in-depth training manual or outline (updated June 2023) covers how Supplemental Needs Trusts work (both individual and pooled), when an asset or lump sum may be deposited into an SNT. For Community Medicaid only, income may also be placed into an SNT. Explains how lump sums and SNTs affect eligibility for SSI, Medicaid, Section 8, SCRIE/DRIE, SNAP, Temporary or Public Cash Assistance/HASA, and other public benefits, including new rules on the Veteran's Pension.
The 2023 edition includes:
BIG NEWS on a new ASSET TEST for Public Housing and Section 8, which goes into effect Jan. 1, 2024, unless local housing authorities delay implementation.
April 2024 NEW: UPDATE since the outline was posted - in Dec. 2023, the NYC Housing Authority posted its revised Admissions & Continued Occupancy Policy (ACOP) eff Jan. 1, 2024. Chapter 7, Sec. E covers ASSETS, but does not yet state the HOTMA asset limit. In various places, such as Chapter 8, the ACOP states, the "effective date of HOTMA provisions: December 1, 2024," From this statement it appears that the new asset limit described in the 2023 edition of NYLAG's manual will not be effective in NYC until Dec. 1, 2024. NYLAG has not yet fully reviewed the ACOP and has not yet revised the outline to include any changes that may result at least in NYC based on this revised policy manual.
The 2022 changes included:
The 2019 changes included:
The Pooled Trust Notification Law enacted in December 2017!
Other information about Pooled Income Trusts - See Related Articles below.
State forms for proving disability (updated 2022), as needed for approval of a Supplemental Needs Trust, can be downloaded in this article
NYSARC and other pooled trusts periodically revise their joinder agreements, fees and procedures. Check out the websites for these trusts to find the latest forms. Links to most pooled trust websites, along with basic information about the trusts, are in this article.
New: View recording of 2-part Webinar about Supplemental Needs Trusts and lump sums in NYS. Click here for links to view the recordings and download the PowerPoints.
Watch this taped seminar by David Silva, Asst. Director of the Evelyn Frank Legal Resources Program, explaining pooled trusts. (July 16, 2013 - procedures have changed but basics are the same)