Guardian Pooled Trust can be utilized as a Advocacy Fund
As Statewide
Medicaid Managed Care rolls out we will be seeing lots of changes.
For most elder law attorneys this will result an increasing number of follow-up calls for assistance
when clients are navigating through these changes.
We all want to be able to continue to help our clients and their families when the phone calls begin, but we must be able to be
compensated for our time advocating for clients when their benefits may be cut-off or reduced. Our Pooled
Trust is a great tool to house an "Advocacy Fund" to be able to
re-engage good legal representation to protect the rights of a
beneficiary. Funds can be used to engage the Foundation for Long Term Care Solutions in
order to understand legal rights and options. So many other Medicaid
planning strategies separate the money from the Medicaid applicant and make
funds inaccessible. The Pooled Trust is the opposite; it keeps funds
close to the beneficiary to be used directly for his or her benefit, including
advocacy. Call or email our
office today with any questions you may have.
Sincerely,
Travis D. Finchum
Board Certified Elder Law Attorney
Co-Trustee, Guardian Trusts
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