NFL will provide benefits to Belcher's daughter

[Hootie]

Originally Posted by DaFace

It's in the CBA, so it's effectively built-in life insurance.

Ok. That makes sense to me I suppose.

I was honestly just curious and trying to get an answer...I had just figured she'd be the prime beneficiary to the estate left behind, didn't realize she'd be getting payments until she was 18-23 from the NFL.

I wonder if she has any sort of financial protection from the guardian, or if the guardian can do what he/she chooses with that $9K per month?

[DaFace]

Originally Posted by Capt Tasty Cheeks

I wonder if she has any sort of financial protection from the guardian, or if the guardian can do what he/she chooses with that $9K per month?

I was wondering about that myself. I'd be a little nervous she might end up with someone who will just leech off of that money and not use it specifically for the girl.

[luv]

Originally Posted by DaFace

I was wondering about that myself. I'd be a little nervous she might end up with someone who will just leech off of that money and not use it specifically for the girl.

Depends on if the guardian is the Trustee. If it's done through the NFL, I would definitely think they would put a trust company in charge. The guardian would have to get purchases approved.

[luv]

Originally Posted by Capt Tasty Cheeks

Ok. That makes sense to me I suppose.

I was honestly just curious and trying to get an answer...I had just figured she'd be the prime beneficiary to the estate left behind, didn't realize she'd be getting payments until she was 18-23 from the NFL.

I wonder if she has any sort of financial protection from the guardian, or if the guardian can do what he/she chooses with that $9K per month?

I'm sure there would be stipulations in something like that. Typically it can only be used for education, medical, and for the benefit of the child. I would think the guardian would have to get such things approved by a trust company.

[Rasputin]

Originally Posted by Capt Tasty Cheeks

Ok. That makes sense to me I suppose.

I was honestly just curious and trying to get an answer...I had just figured she'd be the prime beneficiary to the estate left behind, didn't realize she'd be getting payments until she was 18-23 from the NFL.

I wonder if she has any sort of financial protection from the guardian, or if the guardian can do what he/she chooses with that $9K per month?

I would assume that the guardian will have total control of the money untill she is old enough to be responsible with it or untill she turns 18. The courts would trust the guardian to do the right thing with the money in Zoey best interest & I would trust the same.