Settlement Trusts

Eastern Point Trust Company offers several unique settlement trust types through a specially designed trust account—utilizing patented trust technology and proprietary design features—which protects a settlement award while providing the Beneficiary with:

  • Unmatched flexibility to access funds
  • Asset and privacy protection
  • Institutional quality investment management
  • Fees lower than traditional settlement and trust solutions
Self-Settled Special Needs Trust (SNT)

Our Self-Settled Special Needs Trust (SNT) is a first-party trust established under 42 USC 1396p(D)(4)(a). Predominantly, it is utilized by a disabled beneficiary that cannot otherwise qualify for Medicaid because they have too many assets. By using our Self-Settled Special Needs Trust (SNT), a beneficiary is able to preserve their eligibility for government benefits, such as SSI and Medicaid, while benefiting from their settlement proceeds.

Self-Settled Special Needs Trust (SNT) + Medicare Set-Aside Trust (MSA)

A Special Needs Trust (SNT) + Medicaid Set-Aside Trust (MSA) combines two robust trust types that maximizes an individual’s government benefits, Medicaid benefits, and settlement proceeds.

1st Party (Self-Settled) Settlement Protection TrustTM

The Settlement Management Trust is the most cost-effective, trust-based solution for those seeking to avoid the “retention risk” penalty of using a pooled trust. Also, the 1st Party (Self-Settled) Settlement Protection Trust can structure the distributions as taxable to ensure the beneficiary qualifies for available tax subsidies and credit.

1st Party (Self-Settled) (d)(4)(A) Special Needs Trust (SNT)

Our 1st Party (Self-Settled) (d)(4)(A) Special Needs Trust is a 1st Party trust established under 42 USC 1396p (d)(4)(A). Predominantly, it is utilized by a disabled beneficiary that cannot otherwise qualify for Medicaid because they have too many assets. By using our 1st Party (Self-Settled) (d)(4)(A) Special Needs Trust, a beneficiary is able to preserve their eligibility for government benefits, such as SSI and Medicaid, while benefiting from their settlement proceeds.

Combination 1st Party (Self-Settled) (d)(4)(A) Special Needs Trust (SNT) and Medicare Set-Aside Trust (MSA)

A 42 USC 1396p (d)(4)(A) Special Needs Trust (SNT) and Medicaid Set-Aside Trust (MSA) combines two robust trust types that maximizes an individual’s government benefits, Medicare benefits, and settlement proceeds with an MSA option.



Key Advantages

  • Asset Protection. Avoid the claims of future (and past) creditors and ex-spouses
  • Privacy Protection. Increase privacy and improve protection against third-party claims
  • Professional Protection. A professional Trust Protector ensures that the Beneficiary is not taken advantage of or improperly influenced by third parties


Additional Benefits

  • Trust assets are readily accessible via either a Point of Sale Debit Card or a checking account (The Point of Sale Debit Card and checking account are reloaded monthly with a predetermined amount, but additional funding can be added at any time)
  • Point of Sale Debit Card may operate with, or without, custom spending restrictions (if required) to protect the Beneficiary (e.g. daily spending or cash withdrawal limits)
  • The assets may be used for any need, or want, of the Beneficiary, for as long as the use is prudent and benefits the Beneficiary
  • The Trust also protects any current government benefit(s); or future government benefit(s) that the Beneficiary may have or qualifies for in the future
  • Reduces additional stress through potential family conflicts as the Trust can act in the role of filtering unjustifiable family distribution requests
  • Family members and independent care providers can be paid to care for the Beneficiary with the trust by managing all tax reporting and DOL employment issues; thus, reducing the burden and risk associated with managing such providers
  • Simplifies tax reporting, reduces (or eliminates) AMT, and eliminates Gift/Estate Tax