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3. The account in the trust is established by the disabled individual, their parent, grandparent, or legal guardian, or by a court. 4. The trust provides that, to the extent that amounts remaining in the beneficiary’s account upon the death of the beneficiary are not retained by the trust, after subtracting taxes and a reasonable amount for administrative costs, Wisconsin Medicaid will receive all amounts remaining in the account not in excess of the total amount of medical assistance paid on behalf of the beneficiary. The funds deposited in, contributions to, and distributions from the pooled trust are disregarded. The disregard continues after the person turns 65, provided they continue to be disabled. Note Assets that have been placed in a potential pooled trust account pending a disability determination are unavailable assets until the disability determination has been made. If the individual has been determined disabled by DDB, the pooled trust is an exempt asset as of the disability onset date. If the individual is not determined disabled, the assets are counted. Disregarded pooled trusts in Wisconsin include, but are not limited to: • WisPACT Trust I • Life Navigators Pooled Trust II • Life Navigators Pooled Trust III 16.6.7 Ho-Chunk Tribal Trusts The Ho-Chunk Tribe, under its tribal ordinances and in conjunction with the Indian Gaming Regulatory Act, establishes irrevocable trusts for tribal members who are minors or determined to be legally incompetent. These irrevocable trusts are funded primarily with per capita distribution payments derived from gaming revenue. DHS has determined that funds placed in these trusts, for the benefit of minors and individuals who are legally incompetent, are considered to be owned by the Ho-Chunk Tribe and not the trust beneficiary. Therefore, the irrevocable Ho-Chunk Tribal Trusts established for minors or legally incompetent tribal members are considered to be unavailable assets for the tribal member’s Medicaid eligibility determination. This page last updated in Release Number: 23-02 Release Date: 04/17/2023 Effective Date: 04/17/2023 16.7 Liquid Assets 16.7.1 Personal Property 16.7.1.1 Household Goods Do not count household goods as an asset. Household goods include both of the following: • Items of personal property, found in or near the home, that are used on a regular basis • Items needed by the household for maintenance, use, and occupancy of the premises as a home Examples of household goods include, but are not limited to, the following: • Furniture • Appliances