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Old 12-04-2012, 10:53 PM   #1
DaFace DaFace is offline
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This is nice and all, it really is...

but I guess I just don't understand it?

Why does she get 1.3M because her dad was a murderer and killed her mom? I'm glad this little girl will be financially sound and at least have a great trust fund set up for her for when she turns 18 but...I just, I guess I don't see why?

I'm not trying to be insensitive I'm just wondering why she's entitled to this money from the NFL?

Does this make sense or do I just sound like an asshole?
It's in the CBA, so it's effectively built-in life insurance.
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Old 12-04-2012, 10:55 PM   #2
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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?
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Old 12-04-2012, 10:57 PM   #3
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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.
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Old 12-04-2012, 11:01 PM   #4
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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.
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Old 12-04-2012, 10:58 PM   #5
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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.
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Old 12-04-2012, 10:59 PM   #6
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Originally Posted by Capt Tasty Cheeks View Post
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.
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Old 12-05-2012, 11:13 AM   #7
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It's in the CBA, so it's effectively built-in life insurance.
Yeah, its not like the NFL is doing this out of the goodness of their heart--its part of the CBA. Although most life insurance has exclusions for suicide. It could be part of a survivor benefit related to his accrued pension. Just a guess.
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