There are two Medicaid agencies in Arizona: the Arizona Health Care Cost Containment System and the Arizona Long Term Care System.
There are two common types of special needs trusts. A first-party trust requires the assets to come from the beneficiary, for example, in instances of an injury settlement. The remainder of that trust typically reimburses the government for what it has paid. In other words, the beneficiary may continue to receive SSI and Medicaid and get the benefit of the assets placed into the trust; but upon death, the state is paid back first out of the trust assets.
A person’s family creates a third-party trust to ensure he or she receives the present and future care they would want. Parents who set up a third-party trust have more control over the balance than with a first-person trust. Like with other types of trusts, the remainder could be allocated elsewhere at their discretion.