How does my client choose between Medicaid payback and retention of funds by Community Fund Ohio or a nonprofit partner on the Pooled Medicaid Payback Trust Joinder Application? What does Community Fund Ohio do with retained funds?

This is a decision that is personal to the person establishing the Trust and the Beneficiary funding the Trust. A person establishing a Pooled Medicaid Payback Trust has the choice to leave the funds, if any, to Community Fund Ohio or one of our nonprofit partners after the Beneficiary’s death. Any funds retained by Community Fund Ohio are deposited in our Perpetual Trust and used to make grants that benefit Ohio residents with disabilities. Retained funds may also be used to further the purpose of our nonprofit. If funds are not retained by the Trust, Community Fund Ohio is obligated by the terms of the Trust to use the funds to repay any state that has provided Medicaid assistance to the Beneficiary. Only after Medicaid payback can funds be distributed to other “remainder distributees” named in the Trust documents, such as family, friends, a trust, or other charities who are not nonprofit partners of Community Fund Ohio.