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The Disability Foundation offers an alternative to disinheritance through two pooled trusts that it administers (available ONLY to disabled residents of Ohio): the Ohio Community Pooled Annuity Trust (OCPAT) and our most recent trust product, the Ohio Pooled Flexible-Spending Trust. These trusts assist individuals with disabilities to buy the things they want and need...without worrying that their purchases might cause them to lose their government benefits.
The mission of The Disability Foundation is to enhance the quality of life for persons with disabilities by complementing public benefits through the prudent management of financial resources.
“If a person with disabilities is receiving governmental assistance, such as Medicaid or Supplemental Security Income (SSI), the receipt of a family inheritance or lump sum can result in the termination of eligibility for assistance...” Therefore, financial planning can be challenging and, as a result, some families have had to disinherit a loved-one with disabilities to protect their public benefits. |
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