Quote:
Originally Posted by id10t
Care to share general thoughts on your plans for this? My mom is dealing with same re: my meth head step brother
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Not exactly sure how it works.
I think the designated Trustee with Power of Attorney (am I using correct terminology?) oversight who can oversee monthly distributions by a bank trustee to landlord and account or whatever the intent is. Beware, the bank fees will increase quite significantly they more details and bs they have to deal with so a flat fee should be negotiated with terms. Brother doesn't get direct unlimited access to the whole kitty. To him the people in charge are faceless names on paper.
Set conditions for disbursement such as monthly drug testing by a verified clinic or hospital or whatnot.
After a certain amount of years of drug free success he takes over everything.
Something to work towards.
The Trustee/s should also have power to change financial advisors if they are failing to maintain the principle in profitable platforms.
There should also be a backup Trustee named on file with attorney. Family or someone with no vested involvement.