Special Needs Pooled Trusts (Master Pooled Asset Special Needs Trust)

Pooled Special Needs Trust services are only offered through Beagle & Associates of Washington. As a nonprofit organization, Beagle and Associates of Washington (BAWA) maintains the Master Pooled Asset Special Needs Trust for both Oregon and Washington individuals who are disabled or who are on public assistance and have excess resources that need to be spent down in order to maintain benefits. BAWA offers a First Party Funded or “Self-Settled” Trust and a Third Party Funded Trust for families who wish to assist their loved ones. As a cost-containment measure, funds are held in a Pooled Asset Account but administered individually.

The flat monthly fee was implemented for clients whose requests were minimal so that the cost of administration could be covered by one payment per month. Some clients have benefited from this flat monthly rate due to the frequency and reasonableness of requests. Other clients have elected to request additional services, which have resulted in added costs of administration. In order for BAWA to maintain the level of service that its clients deserve and have come to expect, the following service levels will be implemented for each client in order to maintain the flat monthly fee:

• BAWA will accept up to Two transactions per month, including but not limited to: phone calls, emails, written correspondences, and discretionary distributions
• Clients who exceed the Two transactions per month will be subject to additional fees in accordance with the BAWA fee schedule
• Clients who utilize BAWA person-centered services will be subject to additional fees in accordance with the BAWA fee schedule
• Fees are to be paid internally on a monthly basis
• All requests for funds must be submitted in writing utilizing a Discretionary Distribution Request Form
• Minimum opening balance is $25,000.00