Why Choose Securet?

Securet Pooled Special Needs Trust allows individuals with disabilities to set aside funds for extra, quality-of-life needs without jeopardizing Supplemental Security Income (SSI) and Medicaid benefits or services.  Legal settlements, inheritances and gifts may affect your benefits if they cause you to exceed the cap for countable assets. 

Supplemental Security Income (SSI) and Medicaid are based on financial need.  In many states, individuals with disabilities who qualify for SSI become automatically eligible for Medicaid, the federal/state partnership program that provides medical care coverage for financially and medically needy individuals. An individual who does not satisfy separate income and resource tests generally is not eligible for SSI or Medicaid.  For example, an individual with countable assets of more than $2,000 generally is not eligible for SSI or Medicaid.

Securet Trust is a pooled special needs trust service established by KenCrest, the Delaware Valley’s largest provider of community-based services for individuals with intellectual disabilities and autism. KenCrest was founded in 1905 and established Securet Trust in 2007. We have low minimum funding requirements starting at $6,000. Trust establishment is quick and easy. Once all required paperwork and trust funds are received, the account will be established within one business day.  

Quick Facts About Securet

• Funds in the Trust do not count as resources for purposes of qualifying for government programs.
• A participant share in the Trust may be established only by the individual with disabilities, a parent, grandparent, legal guardian or the courts.
• The Trust investment strategy is to return a safe and secure interest income. Each participant will earn interest in a prorated proportion to the total trust.
• The Trust is irrevocable. Once the participant's share is established, the arrangement cannot be altered, amended or revoked.
• Upon the death of the participant, Medicaid will be paid back for medical benefits that have been provided. Remainder funds will be paid to the trust beneficiary's named remainder beneficiary.