What are the basic requirements for joining?
Beneficiary must be disabled as defined by law. This typically includes age-related infirmities.
The Trust Account must be established by the Beneficiary. A court appointed guardian or Power of Attorney are viable options too.
The Trust account must be established solely for the benefit of the Beneficiary.
UCS will guide you through the process to ensure a smooth and expedient experience.
Joining the trust is easy. A UCS enrollment specialist will guide you through the process to ensure a smooth and expeditious experience.
Our enrollment and monthly fees are economical and we strive to help you maximize the benefits of the trust.
The sub-trust account is established with submission of a completed Joinder Agreement, together with any other required information, and a check or money order of $250.00 (enrollment fee) made payable to UCS Disability Pooled Trust, These should be mailed to :
UCS Trust Services
PO Box 190391
Brooklyn, NY 11219-0391
An application may take five (5) business days to be processed. The Trust will contact you if any further information is required or if the application is incomplete. The beneficiary or his/her authorized representative will be notified once the application has been accepted. In addition, the necessary forms and other information regarding the management of the sub-trust account will be provided.
UCS provides economical enrollment and monthly fees as we strive to help you maximize the gains of the trust.
Fee Schedule ›
An initial enrollment fee of $250.00 (non-refundable) is charged to establish an account.
A monthly administrative fee will be charged to each sub-trust account. Currently, this fee is 10% of the required monthly deposit (determined by Medicaid). The minimum fee is $30.00 monthly and cannot exceed $250.00, regardless of the surplus deposit amount.
There are two payment options:
Option 1 (monthly)
The administrative fee is deducted from the sub-trust account monthly.
Option 2 (lump-sum)
The full administrative fee for the year is paid in advance. Should this option be selected, a 10% reduction will be applied. This lump-sum administrative fee is non-refundable.
A renewal fee of $100.00 will be applied annually. This fee will be deducted at the anniversary of the establishment of the account.
In addition to the fees listed above, the following fees will apply:
Same-day processing $25.00
Copy of Canceled check $10.00
Stop Payment $25.00
Check returned for Insufficient Funds (ISF) $25.00
Electronic Funds Transfer convenience fee (EFT) $1.00
Note: Fees may be deducted from your surplus deposit, you do not need to add additional funds above your surplus to cover the fees.
What happens once I join?
You will receive a Welcome Packet with all the necessary material to manage your account.
UCS provides a variety of cutting edge tools, online and offline for simple trust management.
UCS provides hassle free account management with auto set up for processing of Deposits and Disbursements.
UCS provides efficient and expedient processing of disbursement requests to ensure timely payments.
Each account is assigned a Personal Account Manager.
Your account manager will help you through the process of setting up your account and be available to answer any questions and concerns you may have.
You will have the ability to manage your account online.
UCS is the only trust providing full online ability to make surplus deposits & disbursement requests.
The trust is open to all Individuals who reside in New York State and who are disabled as defined in Social Security Law §1614 (a)(3) [42 U.S.C. §1382c (a) (3)]. It is open to all disabled individuals no matter their religion, race, creed, color, ethnicity or sexual orientation.
Determination of Eligibility:
The Trust will not make a determination whether a disabled person is disabled as defined by law. The acceptance of a Joinder Agreement does not mean that an applicant has met all the eligibility requirements for a supplemental needs trust. It is the responsibility of the disabled beneficiary or his/her guardian to submit any required documents to Medicaid or any other applicable governmental agency to obtain approval.
The beneficiary and/or his/her guardian are solely responsible for determining whether this trust meets the needs of the individual. The trust is not privy to an individual’s financial circumstances and cannot determine if the trust represents the optimal solution for a particular person. Expenses associated with the Trust may make it financially impracticable. Prospective beneficiaries should consult with their attorneys, accountants, or other advisors before depositing funds in the trust.