A Pooled Trust serves the same function as the other types of Special Needs Trusts in that it preserves the beneficiary’s eligibility for public benefits, but with several notable differences. A Pooled Trust is established by a non-profit organization, with individual beneficiaries creating sub-accounts within the larger trust. All funds are managed as a pool and invested as one account. However, the profits and losses, additions, and disbursements from each account are tracked separately. Besides public benefit protection, Pooled Trusts can offer additional significant value to beneficiaries, especially those with smaller trusts. By pooling contributions from many beneficiaries, the trust is able to reduce administrative expenses and make stronger investments. Most beneficiaries’ funds could never perform as well in the financial market as those funds will perform when strengthened by their addition to a pool. Additionally, the process of joining a Pooled Trust is relatively simple and typically more affordable than a Stand-Alone Trust. When you’re ready to join a Pooled Trust, you will sign a joinder agreement and pay a one-time non-refundable enrollment fee. The joinder agreement links you or your loved one to the master trust provisions.