Latest News
June 1, 2009
Advocates & Guardians for the Elderly & Disabled is proud to announce the launch of its new website.
393 CenterPointe Circle
Suite 1427
Altamonte Springs, FL 32701
Phone: 407-682-4111
Fax: 407-682-5511
Email: info@aged501.org
Advocates & Guardians for the Elderly & Disabled
AGED is a not-for-profit organization founded to assist elderly and disabled individuals who, because of income and/or asset limits, normally would not qualify for federal, state and local benefits such as Medicaid & Veteran’s benefits.
AGED’s Special Needs Pooled Trust allows an individuals’ excess income and assets to be placed into an irrevocable trust. Once those assets are placed into the trust they are no longer considered as part of the individual’s assets and/or income therefore allowing them to qualify for benefits. The funds from the trust are used for supplemental care, over and above what the government benefits provide.
Individuals who can benefit from an AGED pooled trust are disabled individuals who are over the income/asset limit, those who don’t want to spend down their assets in order to qualify, those facing end of Medicaid Nursing Home coverage and are unable to pay privately and those who need to enroll in the Medically Needy program and want their income used for personal care outside of medical needs.
Although anyone can put money into a pooled trust--parents, grandparents, friends, or even the individual with the disability, known as the beneficiary, pooled trusts must be established by a non-profit-association.
Each individual’s circumstances and needs are different and the rules of a pooled trust vary accordingly. Please call AGED today so we may answer any questions you may have about your or your loved ones’ needs.
