THE SUPPLEMENTAL NEEDS TRUST  
OF FLORIDA  

A Pooled Disability Trust   
42 U.S.C. 1396p(d)(4)(C)   

 

HOME

SUPPLEMENTAL NEEDS TRUST EXPLAINED

  • Preserve Assets and Qualify for Medicaid
  • Uses for the Trust
  • Statutory Requirements

ELIGIBILITY TO PARTICIPATE

  • Who Is Eligible?
  • Possible Participants
  • Special Needs Trusts

ILLUSTRATION: TRUST vs. SPEND DOWN

ACCESSING TRUST FUNDS

  • Distributions from the Trust
  • Examples of Trust Fund Uses
  • Distribution Requirements

THE LAW

  • Federal Law
  • Florida Administration
  • 42 U.S.C. 1396p(d)(4)(C)
  • 42 U.S.C. 1382c(a)(3)

THE TRUSTEE

ENROLLMENT INFORMATION

  • How to Enroll
  • Master Trust Agreement
  • Joinder Agreement
  • Your Next Step

CONTACT US

  • Request More Information
  • Speakers Available
  • Grant Requests

 

couple walking on beach

The Supplemental Needs Trust of Florida is a trust qualified under Federal law, 42 U.S.C. 1396p(d)(4)(C), benefiting named disabled individuals to provide services not available through government benefit programs. Our mission is to enable the elderly and disabled citizens of Florida to have access to services that enhance their quality of life.


DID YOU KNOW?

check

The average cost of nursing home care is $200 per day or $6,000 per month.

check

Medicaid pays for more than 50% of nursing home days in Florida.

check

Florida Medicaid allows you to keep $35 of your Social Security check to pay for your personal needs.

check

In order to qualify for Medicaid you must not have more than $2,000 "countable assets," leading many people to "spend down" to a level of impoverishment.

check IT DOESN'T HAVE TO BE THAT WAY! With proper planning you can set aside money to be used to pay for things that government benefits don't cover.

 
 

THE SOLUTION

 
 

By placing assets in a Supplemental Needs Trust, those assets escape being counted for Medicaid purposes. So you can apply for Medicaid earlier and preserve your assets to pay for things that Medicaid and Medicare don't cover.

Yes, it's legal! Federal statutes set out the requirements for Medicaid eligibility and asset thresholds. Contained within those statutes are exceptions for assets transferred to certain types of Trusts. The terms of these Trusts must contain certain provisions and they must be strictly administered.

Solutions Trust Administration serves as trustee of trusts that meet those requirements. You or your loved ones can create a trust account that will enable you to set aside funds that will enable you to maintain your quality of life.

 

OUR MISSION


Solutions Trust Administration, Inc. is a not-for-profit corporation incorporated and operating in the State of Florida. Its mission is to serve the needs of residents of Florida who are disabled or elderly.

These services include navigating the maze of public benefits while preserving assets needed to pay for special needs and services not available through government benefit programs.

Solutions Trust Administration is staffed by professionals who form a team that is uniquely suited to serving the beneficiaries and their families. The team consists of attorneys, a certified public accountant, and a gerontologist.

Solutions Trust Administration is funded largely through fees charged for trust administration services. It has pledged to use a portion of its revenues to directly assist indigent elderly and disabled Florida residents.


Solutions Trust Administration, Inc.   |    1429 60th Avenue West, Suite 300   |    Bradenton, FL 34207   |   941-748-SNTF (7683)

The information on this web site should not be construed to be formal legal advice. The reader should consult his or her own legal counsel to verify the accuracy of the information presented and to determine its applicability to his or her specific situation.

Information contained on this web site is presented according to Federal and Florida laws in effect as of January 2010.

Copyright 2010 Solutions Trust Administration, Inc. All rights reserved.