Our Services
MSA Trust Services
For clients who need an extra layer of protection, we provide professional trust services to safeguard your Medicare Set-Aside funds and ensure they are used only for their intended purpose.
Benefits
Why Choose This Service
Professional Trustee Services
An independent professional trustee manages your MSA funds with fiduciary responsibility, ensuring proper stewardship of your money.
Asset Protection
Trust structures protect your MSA funds from creditors, liens, and other claims that could reduce the money available for your medical care.
Compliance Assurance
A properly structured trust ensures that MSA funds are used exclusively for approved medical expenses, keeping you in full compliance with CMS.
Tailored Trust Structures
We design trust arrangements to fit your specific needs, whether you need a custodial account, an irrevocable trust, or a special needs trust integration.
Detailed Information
What You Need to Know
Some settlement recipients benefit from having their Medicare Set-Aside funds held in a formal trust rather than a simple bank account. A trust provides additional legal protections for your money and ensures that an experienced professional oversees how your MSA funds are managed.
Medvst offers custodial and trust administration services specifically designed for MSA accounts. We work with qualified trust companies to establish the right type of trust for your situation. Whether you need a straightforward custodial arrangement or a more complex irrevocable trust — especially if you also have a special needs trust or are receiving government benefits — we have the expertise to set it up correctly.
With a trust in place, your MSA funds are protected from potential risks and managed by a fiduciary who is legally required to act in your best interest. Combined with our ongoing MSA administration services, this gives you the highest level of protection for your settlement funds.
Our Process
How It Works
Needs Assessment
We evaluate your settlement, MSA allocation, and personal circumstances to determine the best trust structure for your needs.
Trust Establishment
We coordinate with qualified trust companies and legal professionals to draft and establish your MSA trust.
Fund Transfer & Setup
Your MSA funds are transferred into the trust, accounts are set up, and ongoing administration begins under fiduciary oversight.
Ongoing Trust Administration
We manage the trust on an ongoing basis — paying approved medical bills, filing CMS reports, and providing you with regular account statements.
FAQ
Common Questions
Find answers to the most common questions about this service.
A regular MSA account is a dedicated bank account where your MSA funds are held and administered. An MSA trust adds a legal trust structure around those funds, which provides additional protections such as creditor protection, fiduciary oversight, and ensures the funds can only be used for their intended purpose. Trusts are often recommended for larger MSA amounts or when the beneficiary receives other government benefits.
No, a trust is not required for every MSA. Many settlement recipients manage their MSA with a simple custodial account and professional administration. However, a trust may be recommended in certain situations, such as when the MSA amount is large, when there are concerns about asset protection, or when the recipient also has a special needs trust. We will advise you on the best option for your situation.
A properly structured irrevocable trust should not count as an available resource for purposes of Medicaid or SSI eligibility. However, trust structures must be carefully designed by qualified professionals. We work with experienced trust attorneys to make sure your trust is set up correctly and does not jeopardize your other benefits.
Ready to Get Started?
Free consultation. No obligation. We're here to help.
Hablamos Español