First Maryland Disability Trust
Public Interest
In 2005, First Maryland Disability Trust, Inc. was formed by a group of disability and elder law attorneys from across the state of Maryland. We knew that public benefit programs alone could never meet all the needs of an individual with disabilities. At that time, Maryland did not have any statewide pooled asset trusts able to accept assets directly from individuals with disabilities. Together, this group of attorneys became founding board members. Our shared vision of this non-profit organization is to benefit Marylanders with disabilities while preserving their assets and access to public benefits. Rather than spending down income and assets to meet public program limits, our trusts preserve and protect assets and access to services. Pooling assets from many individuals improves quality of life, access to benefits, and creates more efficient trustee services and trust management. This benefits both the pooled asset trust participants as well as the public. Since its inception nearly two decades ago, First Maryland Disability Trust has expanded to also offer clients non-pooled asset trusts. This ensures that our clients are able to access the right trust solution for their particular circumstances. Today, our board of directors includes disability advocates and family members of individuals with disabilities.
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- From 2005
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