Third Party Asset Trust

This trust is designed primarily for individuals who are receiving government benefits, such as SSI and/or Medicaid. It allows accounts to be established with a lump sum of funds or structured settlement, with a minimum initial deposit of $25,000.

$25,000 minimum contribution within 12 years of enrollment
Enrollment fee of 1% of initial deposit (minimum $250)
Monthly administrative fee of 2% of funds on deposit (minimum $42)
Monthly brokerage fee of 0.1666% (2% annually)
Annual renewal fee of $100
Annual audit and tax return fee of $100
Can designate remainder beneficiaries to receive no more than 50% of corpus remaining on disabled beneficiary’s death

Forms

LCG Community Trust 1 - Third Party Asset Trust Joinder Agreement

Account Record Keeping Form

Trust 1 - Automatic Request Form

Trust 1 - Disbursement Request Form

Trust 1 - Fee Schedule

Ready To Apply And Join LCG Pooled Trust?

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“My family has been using the services of LCG Community Trust for the previous four years and without hesitation I can honestly state that LCG goes above and beyond all expectations providing Great Customer Service. If ever a problem arises, their staff of caring individuals personally handle the problem in the most expeditious manner. If you are in need of a Trust, stop your search and contact LCG.”

G.C.

“Always available and Helpful when I call”

M.O.

“Dealing with LCG pool trust proved to be highly effective as it provided us with the excess funds to address Moms crucial needs such as food and housing. The team at LCG managed her account with ethics and integrity so we were able to allocate resources efficiently and ensure the well-being of my 97 year old Mom. Our confidence in LCG was on high par with the ease of using them.”

R.S.