Pooled Trusts Intensive

Wednesday, October 13, 2021

8 a.m. - 8:15 a.m.

Welcome and Announcements
Megan Brand

8:15 a.m. - 9:15 a.m.

Changing Expectations
Thomas Foley
As a misguided sophomore in high school on the South Side of Chicago, Thomas Foley fell madly and passionately in love with all things related to financial education. Blind as a result of retinitis pigmentosa and the son of a father with profound hearing loss, Tom knew little about the disability community until moving to Berkeley, California rather longer ago than he cares to admit. The author of the first asset-building book for people with disabilities, Tom is currently the Executive Director of the National Disability Institute whose mission is to collaborate and innovate to build a better financial future for people with disabilities and their families. In this session, Tom will highlight the critical role individuals, organizations and Special Needs Trusts can play in changing employment and economic outcomes for people with disabilities.

9:15 a.m. - 10:05 a.m.

Annual PSNT Survey
Mary O’Byrne and Neal Winston
[Session Description coming soon]

10:05 a.m. - 10:20 a.m.

Break and Visit with Sponsors and Exhibitors

10:20 a.m. - 11:10 a.m.

PSNT Tax Issues
Bradley Frigon and Peter Wall 
In this session, Bradley J Frigon and Peter J Wall will provide a comprehensive overview of taxation methodology unique to PSNTs while supplying solutions for efficient and sound tax filings. The differences between First Party and Third Party PSNT tax return preparation will be discussed including analyses of decedent proceedings, unitization strategy, trust and beneficiary level tax deductions, and Distributable Net Income (DNI) calculations. The presenters will share case studies illustrating best practices and will also discuss how PSNTs can add IRA administration to their services to better assist people with disabilities.

11:10 a.m. - 12 p.m.

APT Discussion
Steve Dale, Eric DeGroot, and Haley Greer  
The Alliance of Pooled Trusts is a membership organization created to promote best practices for its members by offering ongoing education and informational support.  Our goal is to serve as a resource for our members and promote high quality pooled trust administration for the special needs’ community.  This session will outline the mission, vision, and goals of the organization, discuss where we are in the process and how to become a member of this new and exciting organization. 

12 p.m. - 1:10 p.m.


1:15 p.m. - 2:05 p.m.

Breakout Session 1

  • QMB Benefits: A Win-Win for Clients and Growing Your SNT Business
    Nick Barton and Sharon Reich
    QMB benefits can help your beneficiaries afford the healthcare they need and dramatically improve their quality of life. This program will explore the benefits of QMB and how you can grow and administer your PSNT practice by helping clients access QMB benefits.

  • Caregiver Support: What Can the Pooled Trust Do to Help?
    Margaret Graham and Haley Greer

    Caregiver burnout is real and your trust can help avoid it!  Pooled trusted can help beneficiaries by making sure that their primary caregivers have the support they need, opportunity for rest, and resources so they don’t get burnt out.   This session will provide some helpful resources and useful ideas to help support the caregivers in the lives of your beneficiaries.   Respite services, host home, support families, community supports, care managers and more can help both your beneficiaries and their caregivers. 

  • What To Do When You Fear Your Beneficiaries Are Not Being Well Taken Care Of
    Ann Koerner 
    Trustee practice risk can be significant when a beneficiary has care and quality of life challenges. This seminar will discuss best practices in addressing trustee concerns about a beneficiary’s housing/home environment, paid and unpaid caregivers, follow through with medical care, socialization, beneficiary competency and other neglect/abusive situations that may arise. Discussion will include use of other professionals and services for a “team approach” to assist with problem analysis and solution finding for the best interests of the beneficiary, as well as effective file documentation.

2:10 p.m. - 3 p.m.

Breakout Session 2

  • Pitfalls of Acting as a Successor Trustee: Taking Over a Disaster
    Steve Dale, Kerry Tedford-Coles, and Peter Wall 

    Accepting appointment as successor trustee of a SNT can be an excellent way to expand your organization’s business, but also comes with its own unique set of challenges.  Difficulties ranging from public benefits issues, prior and future accounting complications, investment considerations, beneficiary expectations, and tax filings (among other issues) can derail proper administration from the onset of a relationship and may expose a successor trustee to heightened liability.  The presenters will provide insights and case studies from their own experiences while providing best practice tips and problems to look out for before accepting appointment. All of this with a gentle reminder that it is okay to sometimes just say no. 

  • HUD-Subsidized Housing Issues for SNTs
    Roy Froemming and Barb Helm
    This session will cover:
    • The risk that HUD policy will result in all distributions from SNTs being treated as income for purposes of calculating rent for a beneficiary who lives in subsidized housing.
    • Likely future treatment of SNT distributions under proposed HUD regulations implementing the Housing Opportunity Through Modernization Act of 2016 (HOTMA).
    • Legal arguments and possible advocacy approaches where SNT distributions are treated as income by subsidized housing providers or managers.

  • Lions & Tiger & Bears, Oh My!: Red Flags to Watch for When Accepting a Troublesome Beneficiary
    Yolanda Mazyck 
    As Dorothy acknowledged in the Original Wizard of Oz, “Lions and Tigers and Bears…Oh My,” this session will explore the often hidden and overt red flags presented when engaging potential beneficiaries, their families, and support network. We will discuss the best way to counter misinformation, anger, feelings of distrust and negative attitudes. We will also talk about how behaviors associated with certain mental health diagnoses, and folks who have lived impoverished can impact a beneficiary’s ability to engage in a healthy beneficiary/fiduciary relationship.

3 p.m. - 3:20 p.m.

Break and Visit with Sponsors and Exhibitors

3:20 p.m. - 4:10 p.m.

Breakout Session 3

  • Innovative Solutions for Dealing with Retained Funds
    Eric DeGroot and Kevin Hayde
    This session will focus on ways in which Retained Funds are used to provide a variety of supports for existing pooled trust account beneficiaries as well as partnerships of community support.

  • You Want What??: Unusual Distribution Requests
    Heidi Flatt, Will Lucius, and Kerry Tedford-Coles
    This session will be a panel discussion on unusual requests received by trustees and their responses. This will include diving into the motivations as to why a beneficiary may be requesting an unusual item and reflecting on one’s own bias. Audience participation will be encouraged.

  • New Developments in PSNTs for Those 65 and Older
    Megan Brand and Laurie Hanson 
    You may think you’ve heard it all when it comes to individuals age 65 and older joining the pooled trust but there have been critical state supreme court decisions, surprise rule changes in some states and threats in others. We will discuss all of your options when it comes to serving this growing population.

4:15 p.m. - 5:05 p.m.

Let's Learn From Each Other
Breakout Rooms by SSI Regions