OBRA D4C TRUST
Why Special Needs Trusts?

People who receive SSI, Medicaid and other State Benefits have limitations in the amount of assets they can hold. Special Needs Trusts are an exception to the rules that normally apply to trusts. Normally a trust is considered an available asset whenever someone applies for means tested public assistance programs such as SSI or Medicaid.

A properly drafted and administered special needs trust will not be counted as an available asset, and trust disbursements will not be counted as income under the rules that apply to SSI and Medicaid.

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POOLED TRUST FOR PEOPLE WITH DISABILITIES

Life's Plan, Inc. assists families in addressing the very difficult and universal question: "Who will care for my family member when I am gone?"

For over 25 years, Life's Plan has assisted people with disabilities and their families by carefully drafting our trust agreements to meet Social Security’s requirements while coordinating the individual’s care services, and administering a Pooled Special Needs Trust. We take pride in our trust services offering professional management, long term care solutions that legally work and a financial mechanism for families in using a Pooled Trust as their trustee. We offer families “Peace of mind” knowing a long term plan is in place to provide an improved quality of care for a loved one with a disability while not infringing on their public benefit programs.

Life's Plan Inc. is an Illinois based Pooled Trust that manages the different types of Special Needs Trusts (3rd Party/OBRA Payback) that are available to families and individuals. The Pooled Trust is a Medicaid Qualified Trust offering supplemental goods and services to be purchased through the pooled trust for people with disabilities. The Special Needs Trust is an excellent way for families and individuals to plan by insuring public benefits will continue for the lifetime of a person with a disability while having a legal option for additional supplemental supports and comforts paid for through the Pooled Trust.

Life’s Plan offers a variety of charitable grants to individuals with disabilities each year. Life’s Plan is a reliable resource for families to consult with on making important estate planning options for someone with a disability. This is where Life’s Plan can really help!