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  1. Special Needs Trust – What It Is and Why You May Need One

    Special Needs Trust: Protecting the Future of Your Loved One

    Before making any legal or financial decisions, readers should consult a qualified estate planning attorney or financial advisor. The information below is for educational purposes.

    Planning for the future is one of the most important gifts you can give a loved one with a disability. A Special Needs Trust (SNT) is a legal tool designed to provide financial support while helping preserve eligibility for important government assistance programs such as Supplemental Security Income (SSI) and Medicaid.

    Whether you’re a parent, grandparent, sibling, caregiver, or an individual with a disability, understanding how a Special Needs Trust works can help ensure long-term financial security and peace of mind.

    What Is a Special Needs Trust?

    A Special Needs Trust is a legal arrangement that holds money or property for the benefit of a person with a disability. The trust is managed by a trustee, who uses the funds to improve the beneficiary’s quality of life without directly giving them cash that could jeopardize eligibility for certain means-tested government benefits.

    The trust can pay for expenses that public benefits may not cover, including:

    – Medical and dental expenses
    – Specialized therapies
    – Education and training
    – Transportation
    – Housing-related expenses (with planning considerations)
    – Adaptive technology
    – Recreation and hobbies
    – Personal care services
    – Travel and vacations
    – Home modifications

    The goal is to supplement—not replace—government assistance.


    Why Is a Special Needs Trust Important?

    Many public assistance programs have strict income and asset limits. Receiving an inheritance, legal settlement, or financial gift outright could unintentionally make someone ineligible for benefits.

    A properly drafted Special Needs Trust helps:

    – Preserve eligibility for Medicaid and SSI
    – Protect inherited assets
    – Ensure funds are managed responsibly
    – Provide lifelong financial support
    – Give family members peace of mind
    – Create a structured plan for future care


    Types of Special Needs Trusts

    First-Party Special Needs Trust

    This type of trust is funded using the beneficiary’s own assets, such as:

    – Personal injury settlements
    – Inheritances received directly
    – Savings or other personal assets

    These trusts must meet specific legal requirements and often include Medicaid reimbursement provisions after the beneficiary’s death.

    Third-Party Special Needs Trust

    A third-party trust is funded by someone other than the beneficiary, such as parents, grandparents, or other family members.

    This is often used in estate planning because loved ones can leave money to the trust instead of directly to the individual with a disability.

    Pooled Trust

    A pooled trust combines assets from multiple beneficiaries while maintaining separate accounts for each person. These trusts are managed by nonprofit organizations and may be a practical option for families with smaller estates.

    Who Should Consider a Special Needs Trust?

    A Special Needs Trust may be beneficial if:

    – You have a child with a disability.
    – You care for an adult family member with special needs.
    – A loved one receives SSI or Medicaid.
    – You plan to leave an inheritance.
    – A family member is expected to receive a lawsuit settlement.
    – You want to ensure long-term financial management after you’re gone.

    What Can a Trustee Do?

    The trustee has a legal responsibility to manage the trust in the beneficiary’s best interest.

    Responsibilities include:

    – Managing investments
    – Paying approved expenses
    – Keeping financial records
    – Following trust instructions
    – Protecting government benefit eligibility
    – Coordinating with caregivers and professionals when appropriate

    Choosing the right trustee is one of the most important decisions when establishing a trust.

    Common Mistakes to Avoid

    Families sometimes unintentionally put benefits at risk by:

    – Leaving an inheritance directly to the beneficiary
    – Naming the individual as a direct life insurance beneficiary
    – Giving large cash gifts
    – Failing to update estate planning documents
    – Choosing an inexperienced trustee

    Working with an experienced estate planning attorney can help avoid these costly mistakes.

    When Should You Create a Special Needs Trust?

    Ideally, families should establish a Special Needs Trust as part of their overall estate plan before assets are transferred. Planning early gives families greater flexibility and ensures that financial resources will be available when needed.

    Final Thoughts

    A Special Needs Trust is more than just a legal document—it’s a long-term plan for protecting a loved one’s future. By preserving access to critical public benefits while providing additional financial support, these trusts can help individuals with disabilities enjoy greater independence, stability, and quality of life.

    If your family is planning an inheritance, managing a disability-related settlement, or simply preparing for the future, speaking with an experienced estate planning attorney can help determine whether a Special Needs Trust is the right solution for your situation.

    Follow DoRaleigh.com for daily updates on government meetings, local festivals, and community happenings — your one-stop guide to everything Raleigh!

    Connect With Us: Instagram | Facebook | BSky | Linkedin

    Share With Us: Post your community News, Events, on our Submissions Page.

    Advertise With Us: Interested in Advertising click here.

    Published by Bryan Tomlinson | BTDesigns.pro |

    #DisabilityPlanning #DisabilityResources #EstateAttorney #EstatePlanning #FamilyPlanning #FinancialPlanning #InheritancePlanning #MedicaidPlanning #News #SpecialNeeds #SpecialNeedsTrust #SSIBenefits #TrustFund
  2. Special Needs Trust – What It Is and Why You May Need One

    Special Needs Trust: Protecting the Future of Your Loved One

    Before making any legal or financial decisions, readers should consult a qualified estate planning attorney or financial advisor. The information below is for educational purposes.

    Planning for the future is one of the most important gifts you can give a loved one with a disability. A Special Needs Trust (SNT) is a legal tool designed to provide financial support while helping preserve eligibility for important government assistance programs such as Supplemental Security Income (SSI) and Medicaid.

    Whether you’re a parent, grandparent, sibling, caregiver, or an individual with a disability, understanding how a Special Needs Trust works can help ensure long-term financial security and peace of mind.

    What Is a Special Needs Trust?

    A Special Needs Trust is a legal arrangement that holds money or property for the benefit of a person with a disability. The trust is managed by a trustee, who uses the funds to improve the beneficiary’s quality of life without directly giving them cash that could jeopardize eligibility for certain means-tested government benefits.

    The trust can pay for expenses that public benefits may not cover, including:

    – Medical and dental expenses
    – Specialized therapies
    – Education and training
    – Transportation
    – Housing-related expenses (with planning considerations)
    – Adaptive technology
    – Recreation and hobbies
    – Personal care services
    – Travel and vacations
    – Home modifications

    The goal is to supplement—not replace—government assistance.


    Why Is a Special Needs Trust Important?

    Many public assistance programs have strict income and asset limits. Receiving an inheritance, legal settlement, or financial gift outright could unintentionally make someone ineligible for benefits.

    A properly drafted Special Needs Trust helps:

    – Preserve eligibility for Medicaid and SSI
    – Protect inherited assets
    – Ensure funds are managed responsibly
    – Provide lifelong financial support
    – Give family members peace of mind
    – Create a structured plan for future care


    Types of Special Needs Trusts

    First-Party Special Needs Trust

    This type of trust is funded using the beneficiary’s own assets, such as:

    – Personal injury settlements
    – Inheritances received directly
    – Savings or other personal assets

    These trusts must meet specific legal requirements and often include Medicaid reimbursement provisions after the beneficiary’s death.

    Third-Party Special Needs Trust

    A third-party trust is funded by someone other than the beneficiary, such as parents, grandparents, or other family members.

    This is often used in estate planning because loved ones can leave money to the trust instead of directly to the individual with a disability.

    Pooled Trust

    A pooled trust combines assets from multiple beneficiaries while maintaining separate accounts for each person. These trusts are managed by nonprofit organizations and may be a practical option for families with smaller estates.

    Who Should Consider a Special Needs Trust?

    A Special Needs Trust may be beneficial if:

    – You have a child with a disability.
    – You care for an adult family member with special needs.
    – A loved one receives SSI or Medicaid.
    – You plan to leave an inheritance.
    – A family member is expected to receive a lawsuit settlement.
    – You want to ensure long-term financial management after you’re gone.

    What Can a Trustee Do?

    The trustee has a legal responsibility to manage the trust in the beneficiary’s best interest.

    Responsibilities include:

    – Managing investments
    – Paying approved expenses
    – Keeping financial records
    – Following trust instructions
    – Protecting government benefit eligibility
    – Coordinating with caregivers and professionals when appropriate

    Choosing the right trustee is one of the most important decisions when establishing a trust.

    Common Mistakes to Avoid

    Families sometimes unintentionally put benefits at risk by:

    – Leaving an inheritance directly to the beneficiary
    – Naming the individual as a direct life insurance beneficiary
    – Giving large cash gifts
    – Failing to update estate planning documents
    – Choosing an inexperienced trustee

    Working with an experienced estate planning attorney can help avoid these costly mistakes.

    When Should You Create a Special Needs Trust?

    Ideally, families should establish a Special Needs Trust as part of their overall estate plan before assets are transferred. Planning early gives families greater flexibility and ensures that financial resources will be available when needed.

    Final Thoughts

    A Special Needs Trust is more than just a legal document—it’s a long-term plan for protecting a loved one’s future. By preserving access to critical public benefits while providing additional financial support, these trusts can help individuals with disabilities enjoy greater independence, stability, and quality of life.

    If your family is planning an inheritance, managing a disability-related settlement, or simply preparing for the future, speaking with an experienced estate planning attorney can help determine whether a Special Needs Trust is the right solution for your situation.

    Follow DoRaleigh.com for daily updates on government meetings, local festivals, and community happenings — your one-stop guide to everything Raleigh!

    Connect With Us: Instagram | Facebook | BSky | Linkedin

    Share With Us: Post your community News, Events, on our Submissions Page.

    Advertise With Us: Interested in Advertising click here.

    Published by Bryan Tomlinson | BTDesigns.pro |

    #DisabilityPlanning #DisabilityResources #EstateAttorney #EstatePlanning #FamilyPlanning #FinancialPlanning #InheritancePlanning #MedicaidPlanning #News #SpecialNeeds #SpecialNeedsTrust #SSIBenefits #TrustFund
  3. Special Needs Trust – What It Is and Why You May Need One

    Special Needs Trust: Protecting the Future of Your Loved One

    Before making any legal or financial decisions, readers should consult a qualified estate planning attorney or financial advisor. The information below is for educational purposes.

    Planning for the future is one of the most important gifts you can give a loved one with a disability. A Special Needs Trust (SNT) is a legal tool designed to provide financial support while helping preserve eligibility for important government assistance programs such as Supplemental Security Income (SSI) and Medicaid.

    Whether you’re a parent, grandparent, sibling, caregiver, or an individual with a disability, understanding how a Special Needs Trust works can help ensure long-term financial security and peace of mind.

    What Is a Special Needs Trust?

    A Special Needs Trust is a legal arrangement that holds money or property for the benefit of a person with a disability. The trust is managed by a trustee, who uses the funds to improve the beneficiary’s quality of life without directly giving them cash that could jeopardize eligibility for certain means-tested government benefits.

    The trust can pay for expenses that public benefits may not cover, including:

    – Medical and dental expenses
    – Specialized therapies
    – Education and training
    – Transportation
    – Housing-related expenses (with planning considerations)
    – Adaptive technology
    – Recreation and hobbies
    – Personal care services
    – Travel and vacations
    – Home modifications

    The goal is to supplement—not replace—government assistance.


    Why Is a Special Needs Trust Important?

    Many public assistance programs have strict income and asset limits. Receiving an inheritance, legal settlement, or financial gift outright could unintentionally make someone ineligible for benefits.

    A properly drafted Special Needs Trust helps:

    – Preserve eligibility for Medicaid and SSI
    – Protect inherited assets
    – Ensure funds are managed responsibly
    – Provide lifelong financial support
    – Give family members peace of mind
    – Create a structured plan for future care


    Types of Special Needs Trusts

    First-Party Special Needs Trust

    This type of trust is funded using the beneficiary’s own assets, such as:

    – Personal injury settlements
    – Inheritances received directly
    – Savings or other personal assets

    These trusts must meet specific legal requirements and often include Medicaid reimbursement provisions after the beneficiary’s death.

    Third-Party Special Needs Trust

    A third-party trust is funded by someone other than the beneficiary, such as parents, grandparents, or other family members.

    This is often used in estate planning because loved ones can leave money to the trust instead of directly to the individual with a disability.

    Pooled Trust

    A pooled trust combines assets from multiple beneficiaries while maintaining separate accounts for each person. These trusts are managed by nonprofit organizations and may be a practical option for families with smaller estates.

    Who Should Consider a Special Needs Trust?

    A Special Needs Trust may be beneficial if:

    – You have a child with a disability.
    – You care for an adult family member with special needs.
    – A loved one receives SSI or Medicaid.
    – You plan to leave an inheritance.
    – A family member is expected to receive a lawsuit settlement.
    – You want to ensure long-term financial management after you’re gone.

    What Can a Trustee Do?

    The trustee has a legal responsibility to manage the trust in the beneficiary’s best interest.

    Responsibilities include:

    – Managing investments
    – Paying approved expenses
    – Keeping financial records
    – Following trust instructions
    – Protecting government benefit eligibility
    – Coordinating with caregivers and professionals when appropriate

    Choosing the right trustee is one of the most important decisions when establishing a trust.

    Common Mistakes to Avoid

    Families sometimes unintentionally put benefits at risk by:

    – Leaving an inheritance directly to the beneficiary
    – Naming the individual as a direct life insurance beneficiary
    – Giving large cash gifts
    – Failing to update estate planning documents
    – Choosing an inexperienced trustee

    Working with an experienced estate planning attorney can help avoid these costly mistakes.

    When Should You Create a Special Needs Trust?

    Ideally, families should establish a Special Needs Trust as part of their overall estate plan before assets are transferred. Planning early gives families greater flexibility and ensures that financial resources will be available when needed.

    Final Thoughts

    A Special Needs Trust is more than just a legal document—it’s a long-term plan for protecting a loved one’s future. By preserving access to critical public benefits while providing additional financial support, these trusts can help individuals with disabilities enjoy greater independence, stability, and quality of life.

    If your family is planning an inheritance, managing a disability-related settlement, or simply preparing for the future, speaking with an experienced estate planning attorney can help determine whether a Special Needs Trust is the right solution for your situation.

    Follow DoRaleigh.com for daily updates on government meetings, local festivals, and community happenings — your one-stop guide to everything Raleigh!

    Connect With Us: Instagram | Facebook | BSky | Linkedin

    Share With Us: Post your community News, Events, on our Submissions Page.

    Advertise With Us: Interested in Advertising click here.

    Published by Bryan Tomlinson | BTDesigns.pro |

    #DisabilityPlanning #DisabilityResources #EstateAttorney #EstatePlanning #FamilyPlanning #FinancialPlanning #InheritancePlanning #MedicaidPlanning #News #SpecialNeeds #SpecialNeedsTrust #SSIBenefits #TrustFund
  4. Special Needs Trust – What It Is and Why You May Need One

    Special Needs Trust: Protecting the Future of Your Loved One

    Before making any legal or financial decisions, readers should consult a qualified estate planning attorney or financial advisor. The information below is for educational purposes.

    Planning for the future is one of the most important gifts you can give a loved one with a disability. A Special Needs Trust (SNT) is a legal tool designed to provide financial support while helping preserve eligibility for important government assistance programs such as Supplemental Security Income (SSI) and Medicaid.

    Whether you’re a parent, grandparent, sibling, caregiver, or an individual with a disability, understanding how a Special Needs Trust works can help ensure long-term financial security and peace of mind.

    What Is a Special Needs Trust?

    A Special Needs Trust is a legal arrangement that holds money or property for the benefit of a person with a disability. The trust is managed by a trustee, who uses the funds to improve the beneficiary’s quality of life without directly giving them cash that could jeopardize eligibility for certain means-tested government benefits.

    The trust can pay for expenses that public benefits may not cover, including:

    – Medical and dental expenses
    – Specialized therapies
    – Education and training
    – Transportation
    – Housing-related expenses (with planning considerations)
    – Adaptive technology
    – Recreation and hobbies
    – Personal care services
    – Travel and vacations
    – Home modifications

    The goal is to supplement—not replace—government assistance.


    Why Is a Special Needs Trust Important?

    Many public assistance programs have strict income and asset limits. Receiving an inheritance, legal settlement, or financial gift outright could unintentionally make someone ineligible for benefits.

    A properly drafted Special Needs Trust helps:

    – Preserve eligibility for Medicaid and SSI
    – Protect inherited assets
    – Ensure funds are managed responsibly
    – Provide lifelong financial support
    – Give family members peace of mind
    – Create a structured plan for future care


    Types of Special Needs Trusts

    First-Party Special Needs Trust

    This type of trust is funded using the beneficiary’s own assets, such as:

    – Personal injury settlements
    – Inheritances received directly
    – Savings or other personal assets

    These trusts must meet specific legal requirements and often include Medicaid reimbursement provisions after the beneficiary’s death.

    Third-Party Special Needs Trust

    A third-party trust is funded by someone other than the beneficiary, such as parents, grandparents, or other family members.

    This is often used in estate planning because loved ones can leave money to the trust instead of directly to the individual with a disability.

    Pooled Trust

    A pooled trust combines assets from multiple beneficiaries while maintaining separate accounts for each person. These trusts are managed by nonprofit organizations and may be a practical option for families with smaller estates.

    Who Should Consider a Special Needs Trust?

    A Special Needs Trust may be beneficial if:

    – You have a child with a disability.
    – You care for an adult family member with special needs.
    – A loved one receives SSI or Medicaid.
    – You plan to leave an inheritance.
    – A family member is expected to receive a lawsuit settlement.
    – You want to ensure long-term financial management after you’re gone.

    What Can a Trustee Do?

    The trustee has a legal responsibility to manage the trust in the beneficiary’s best interest.

    Responsibilities include:

    – Managing investments
    – Paying approved expenses
    – Keeping financial records
    – Following trust instructions
    – Protecting government benefit eligibility
    – Coordinating with caregivers and professionals when appropriate

    Choosing the right trustee is one of the most important decisions when establishing a trust.

    Common Mistakes to Avoid

    Families sometimes unintentionally put benefits at risk by:

    – Leaving an inheritance directly to the beneficiary
    – Naming the individual as a direct life insurance beneficiary
    – Giving large cash gifts
    – Failing to update estate planning documents
    – Choosing an inexperienced trustee

    Working with an experienced estate planning attorney can help avoid these costly mistakes.

    When Should You Create a Special Needs Trust?

    Ideally, families should establish a Special Needs Trust as part of their overall estate plan before assets are transferred. Planning early gives families greater flexibility and ensures that financial resources will be available when needed.

    Final Thoughts

    A Special Needs Trust is more than just a legal document—it’s a long-term plan for protecting a loved one’s future. By preserving access to critical public benefits while providing additional financial support, these trusts can help individuals with disabilities enjoy greater independence, stability, and quality of life.

    If your family is planning an inheritance, managing a disability-related settlement, or simply preparing for the future, speaking with an experienced estate planning attorney can help determine whether a Special Needs Trust is the right solution for your situation.

    Follow DoRaleigh.com for daily updates on government meetings, local festivals, and community happenings — your one-stop guide to everything Raleigh!

    Connect With Us: Instagram | Facebook | BSky | Linkedin

    Share With Us: Post your community News, Events, on our Submissions Page.

    Advertise With Us: Interested in Advertising click here.

    Published by Bryan Tomlinson | BTDesigns.pro |

    #DisabilityPlanning #DisabilityResources #EstateAttorney #EstatePlanning #FamilyPlanning #FinancialPlanning #InheritancePlanning #MedicaidPlanning #News #SpecialNeeds #SpecialNeedsTrust #SSIBenefits #TrustFund
  5. US social security payments: Americans may see benefit cut by over $500/month in next six years — What we know

    The Committee for a Responsible Federal Budget has released a report mapping the “Impact of “Social Security’s…
    #NewsBeep #News #Personalfinance #americans #AU #Australia #beneficiaries #Benefitcuts #Benefits #Business #Finance #insolvency #money #PersonalFinance #retirementbenefits #SocialSecurity #SocialSecuritypayments #TrustFund #USsocialsecurity
    newsbeep.com/au/714112/

  6. Big Changes Are Coming to Social Security: Why 2033 Is an Important Year and What to Expect Before Then

    Social Security has undergone some significant changes since Congress first passed the Social Security Act in 1935. In…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #Congress #IncomeInequality #PersonalFinance #retirementbenefits #socialsecurity #trustfund
    newsbeep.com/us/672171/

  7. Big Changes Are Coming to Social Security: Why 2033 Is an Important Year and What to Expect Before Then

    Social Security has undergone some significant changes since Congress first passed the Social Security Act in 1935. In…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #Congress #IncomeInequality #PersonalFinance #retirementbenefits #socialsecurity #trustfund
    newsbeep.com/us/672171/

  8. Social Security Insolvency Fears Grow As Trust Fund Reserves Face 2033 Depletion — Here’s What To Know

    Social Security insolvency has become a growing concern among Americans, many of whom worry their benefits could be…
    #NewsBeep #News #Personalfinance #AmericanAcademyofActuaries #AU #Australia #Business #Finance #PersonalFinance #SocialSecurity #TrustFund
    newsbeep.com/au/679532/

  9. Social Security Insolvency Fears Grow As Trust Fund Reserves Face 2033 Depletion — Here’s What To Know

    Social Security insolvency has become a growing concern among Americans, many of whom worry their benefits could be…
    #NewsBeep #News #Personalfinance #AmericanAcademyofActuaries #AU #Australia #Business #Finance #PersonalFinance #SocialSecurity #TrustFund
    newsbeep.com/au/679532/

  10. Social Security Insolvency Fears Grow As Trust Fund Reserves Face 2033 Depletion — Here’s What To Know

    Social Security insolvency has become a growing concern among Americans, many of whom worry their benefits could be…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #AmericanAcademyofActuaries #Business #PersonalFinance #socialsecurity #trustfund
    newsbeep.com/us/651178/

  11. Social Security Insolvency Fears Grow As Trust Fund Reserves Face 2033 Depletion — Here’s What To Know

    Social Security insolvency has become a growing concern among Americans, many of whom worry their benefits could be…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #AmericanAcademyofActuaries #Business #PersonalFinance #socialsecurity #trustfund
    newsbeep.com/us/651178/

  12. The 2034 Social Security Cut Scenario That Could Cost You $1,008 a Month

    Quick Read Social Security’s Old-Age and Survivors Insurance (OASI) Trust Fund will exhaust reserves around 2033 to 2034,…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #PersonalFinance #socialsecurity #socialsecurityadministration #SurvivorsInsurance #trustfund
    newsbeep.com/us/646344/

  13. A Major Social Security Change May Be Closer Than You Think. Here’s What It Could Mean for Your Benefits

    There are millions of older Americans today who rely on Social Security for income. But the program is…
    #NewsBeep #News #Personalfinance #AU #Australia #Benefitcuts #Business #Finance #PersonalFinance #retirementbenefits #SocialSecurity #TrustFund
    newsbeep.com/au/592601/

  14. A Major Social Security Change May Be Closer Than You Think. Here’s What It Could Mean for Your Benefits

    There are millions of older Americans today who rely on Social Security for income. But the program is…
    #NewsBeep #News #Personalfinance #AU #Australia #Benefitcuts #Business #Finance #PersonalFinance #retirementbenefits #SocialSecurity #TrustFund
    newsbeep.com/au/592601/

  15. Ah yes, the "Leisure Class" now saves the world 🌍 by sipping lattes and Instagramming their "good deeds" 📸. Because nothing says #altruism like a trust fund and a hashtag. #ActivismIsTheNewBrunch 🥂
    letter.palladiummag.com/p/earl #LeisureClass #Instagram #Activism #TrustFund #HackerNews #ngated

  16. #NYAG James filed the case against #Trump & his family real estate business [The #TrumpOrganization] in 2022, accusing them of inflating his #NetWorth to obtain favorable #loan terms. After a monthslong trial, the judge overseeing the case ruled last year that Trump was #liable for #fraud, denting the real estate mogul image of success that underpinned his political rise [he’s just a #trustfund #nepobaby & an epic #scammer. Oh & a #rapist & a #felon.]

    #civil #law #Engoron

  17. #NYAG James filed the case against #Trump & his family real estate business [The #TrumpOrganization] in 2022, accusing them of inflating his #NetWorth to obtain favorable #loan terms. After a monthslong trial, the judge overseeing the case ruled last year that Trump was #liable for #fraud, denting the real estate mogul image of success that underpinned his political rise [he’s just a #trustfund #nepobaby & an epic #scammer. Oh & a #rapist & a #felon.]

    #civil #law #Engoron

  18. #NYAG James filed the case against #Trump & his family real estate business [The #TrumpOrganization] in 2022, accusing them of inflating his #NetWorth to obtain favorable #loan terms. After a monthslong trial, the judge overseeing the case ruled last year that Trump was #liable for #fraud, denting the real estate mogul image of success that underpinned his political rise [he’s just a #trustfund #nepobaby & an epic #scammer. Oh & a #rapist & a #felon.]

    #civil #law #Engoron

  19. #NYAG James filed the case against #Trump & his family real estate business [The #TrumpOrganization] in 2022, accusing them of inflating his #NetWorth to obtain favorable #loan terms. After a monthslong trial, the judge overseeing the case ruled last year that Trump was #liable for #fraud, denting the real estate mogul image of success that underpinned his political rise [he’s just a #trustfund #nepobaby & an epic #scammer. Oh & a #rapist & a #felon.]

    #civil #law #Engoron

  20. #NYAG James filed the case against #Trump & his family real estate business [The #TrumpOrganization] in 2022, accusing them of inflating his #NetWorth to obtain favorable #loan terms. After a monthslong trial, the judge overseeing the case ruled last year that Trump was #liable for #fraud, denting the real estate mogul image of success that underpinned his political rise [he’s just a #trustfund #nepobaby & an epic #scammer. Oh & a #rapist & a #felon.]

    #civil #law #Engoron

  21. 🎩✨ Ah, the "entrepreneurs" who bravely leap into the arms of their parents' wallets and call it innovation! 🙄 Let's hear it for the kids who risk it all... except for their trust funds. 🤑 #CourageInCushion
    luolink.substack.com/p/the-mil #Entrepreneurship #TrustFund #Innovation #RiskTaking #ParentalSupport #HackerNews #ngated

  22. 🎩✨ Ah, the "entrepreneurs" who bravely leap into the arms of their parents' wallets and call it innovation! 🙄 Let's hear it for the kids who risk it all... except for their trust funds. 🤑 #CourageInCushion
    luolink.substack.com/p/the-mil #Entrepreneurship #TrustFund #Innovation #RiskTaking #ParentalSupport #HackerNews #ngated

  23. 🎩✨ Ah, the "entrepreneurs" who bravely leap into the arms of their parents' wallets and call it innovation! 🙄 Let's hear it for the kids who risk it all... except for their trust funds. 🤑 #CourageInCushion
    luolink.substack.com/p/the-mil #Entrepreneurship #TrustFund #Innovation #RiskTaking #ParentalSupport #HackerNews #ngated

  24. 🎩✨ Ah, the "entrepreneurs" who bravely leap into the arms of their parents' wallets and call it innovation! 🙄 Let's hear it for the kids who risk it all... except for their trust funds. 🤑 #CourageInCushion
    luolink.substack.com/p/the-mil #Entrepreneurship #TrustFund #Innovation #RiskTaking #ParentalSupport #HackerNews #ngated

  25. Social Security could be cut by $18K annually for some Americans starting in 2033

    UNDATED (WKRC) – Social Security trust fund depletion could cut retirement income by thousands. A new report by…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #2033 #Benefitcut #Business #Depletion #Dual-incomecouples #PersonalFinance #retirementincome #Single-earningfamilies #socialsecurity #trustfund
    newsbeep.com/us/41921/

  26. Social Security could be cut by $18K annually for some Americans starting in 2033

    UNDATED (WKRC) – Social Security trust fund depletion could cut retirement income by thousands. A new report by…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #2033 #Benefitcut #Business #Depletion #Dual-incomecouples #PersonalFinance #retirementincome #Single-earningfamilies #socialsecurity #trustfund
    newsbeep.com/us/41921/

  27. Wealthy In-Laws Tell Woman She Needs to Quit Her Job. She Declines Unless They Set Up a Trust Fund for Her

    NEED TO KNOW A woman asked the internet if she acted the right way around her soon-to-be in-laws…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #financialprotection #PersonalFinance #stay-at-homemom #Stockimage #trustfund
    newsbeep.com/us/7348/

  28. CW: U.S. Politics

    I gather that the Social Security trust fund is expected to be gone around 2034, absent congressional action (an oxymoron these days). The "easiest" solution is to raise the maximum amount of income that would be taxed (currently $176.1K), but that approach is still regressive in that the top earners wouldn't pay into Social Security on some of their income, while lower earners would pay on all of theirs. I wondered about instead taxing the highest earners starting at some threshold.

    It turns out that in December 2024 the Congressional Budget Office published a paper talking about that possibility, with all income over $250K being taxed for Social Security. See cbo.gov/budget-options/60955 (the second alternative in that paper). They projected that that change would fund the trust fund until about 2051.

    I was disappointed that this change didn't keep the trust fund going indefinitely, and that the $250K threshold was as low as it was (I was considering the $400K threshold that Democratic candidates often use). I guess while there are some really wealthy people, there aren't enough of them to easily fund this.

    #SocialSecurity #TrustFund #CBO #politics #uspolitics

  29. CW: U.S. Politics

    I gather that the Social Security trust fund is expected to be gone around 2034, absent congressional action (an oxymoron these days). The "easiest" solution is to raise the maximum amount of income that would be taxed (currently $176.1K), but that approach is still regressive in that the top earners wouldn't pay into Social Security on some of their income, while lower earners would pay on all of theirs. I wondered about instead taxing the highest earners starting at some threshold.

    It turns out that in December 2024 the Congressional Budget Office published a paper talking about that possibility, with all income over $250K being taxed for Social Security. See cbo.gov/budget-options/60955 (the second alternative in that paper). They projected that that change would fund the trust fund until about 2051.

    I was disappointed that this change didn't keep the trust fund going indefinitely, and that the $250K threshold was as low as it was (I was considering the $400K threshold that Democratic candidates often use). I guess while there are some really wealthy people, there aren't enough of them to easily fund this.

    #SocialSecurity #TrustFund #CBO #politics #uspolitics

  30. CW: U.S. Politics

    I gather that the Social Security trust fund is expected to be gone around 2034, absent congressional action (an oxymoron these days). The "easiest" solution is to raise the maximum amount of income that would be taxed (currently $176.1K), but that approach is still regressive in that the top earners wouldn't pay into Social Security on some of their income, while lower earners would pay on all of theirs. I wondered about instead taxing the highest earners starting at some threshold.

    It turns out that in December 2024 the Congressional Budget Office published a paper talking about that possibility, with all income over $250K being taxed for Social Security. See cbo.gov/budget-options/60955 (the second alternative in that paper). They projected that that change would fund the trust fund until about 2051.

    I was disappointed that this change didn't keep the trust fund going indefinitely, and that the $250K threshold was as low as it was (I was considering the $400K threshold that Democratic candidates often use). I guess while there are some really wealthy people, there aren't enough of them to easily fund this.

    #SocialSecurity #TrustFund #CBO #politics #uspolitics

  31. This leap day, please spare a thought for the trust-fund kids who have to wait an extra day to get their hands on the funds when they turn 18 (21, 25, or whatever arbitrary age their unkind ancestor set).

    #leapYear #joke #sarcasm #trustFund #money

  32. This leap day, please spare a thought for the trust-fund kids who have to wait an extra day to get their hands on the funds when they turn 18 (21, 25, or whatever arbitrary age their unkind ancestor set).

    #leapYear #joke #sarcasm #trustFund #money

  33. This leap day, please spare a thought for the trust-fund kids who have to wait an extra day to get their hands on the funds when they turn 18 (21, 25, or whatever arbitrary age their unkind ancestor set).

  34. This leap day, please spare a thought for the trust-fund kids who have to wait an extra day to get their hands on the funds when they turn 18 (21, 25, or whatever arbitrary age their unkind ancestor set).

    #leapYear #joke #sarcasm #trustFund #money

  35. Are you struggling with water bills and debt?

    🌊💡 Dive into our newest blog post! 💡🌊

    Learn all about the United Utilities Trust Fund - your lifeline for managing water bills and debt. Find out eligibility criteria, application details, and tips to navigate financial challenges. Don't let bills weigh you down!

    Explore our newest blog here 👉🏻 cael.org.uk/local-news/water-b

    #UnitedUtilities #TrustFund #WaterBills #FinancialSupport #CitizensAdvice #EastLancashire #Help #Advice #News #Blog #Blogs #Uk

  36. Are you struggling with water bills and debt?

    🌊💡 Dive into our newest blog post! 💡🌊

    Learn all about the United Utilities Trust Fund - your lifeline for managing water bills and debt. Find out eligibility criteria, application details, and tips to navigate financial challenges. Don't let bills weigh you down!

    Explore our newest blog here 👉🏻 cael.org.uk/local-news/water-b

    #UnitedUtilities #TrustFund #WaterBills #FinancialSupport #CitizensAdvice #EastLancashire #Help #Advice #News #Blog #Blogs #Uk

  37. The IMF announced the establishment of a new trust fund aimed at providing resources for technical assistance and enhanced training to bolster the Ukrainian government's economic reform agenda.
    #IMF #Ukraine #EconomicReform #TrustFund #TechnicalAssistance #Training

  38. The IMF announced the establishment of a new trust fund aimed at providing resources for technical assistance and enhanced training to bolster the Ukrainian government's economic reform agenda.
    #IMF #Ukraine #EconomicReform #TrustFund #TechnicalAssistance #Training

  39. #KendallRoy Era Is Nigh: Massive Wealth Transfer to Create Nation of #TrustFund #Billionaires
    Newly minted billionaires are increasingly not “self-made,” but #inheriting #money from mom and dad, creating American “#wealth #dynasties” and society that closely resembles traditional #aristocracies
    In last year’s newly minted billionaires were 84 people were “self-made,” with $1.67B per head But less than the $150.8B that 53 #heirs-turned-billionaires inherited from families
    vice.com/en/article/qjvnqb/the

  40. #KendallRoy Era Is Nigh: Massive Wealth Transfer to Create Nation of #TrustFund #Billionaires
    Newly minted billionaires are increasingly not “self-made,” but #inheriting #money from mom and dad, creating American “#wealth #dynasties” and society that closely resembles traditional #aristocracies
    In last year’s newly minted billionaires were 84 people were “self-made,” with $1.67B per head But less than the $150.8B that 53 #heirs-turned-billionaires inherited from families
    vice.com/en/article/qjvnqb/the