Be very careful if you go with this organization.
It is very important that parents be concerned about the future of a disabled child after the former die, even if they cannot leave the child a direct inheritance.
This non-profit is one of a handful of specialized professional services that provides both guardianship and trusteeship in the above cases.
It was not very easy to get answers from these people, even though it is obviously a very big decision to entrust the finances to one entity. GSS's website provides some information, but it is drawn in very broad strokes.
And a Google search reveals limited amount of information upon which to base a decision.
One of the most important things to know about them is that they charge an hourly rate, anywhere from $65 to $125, for their services, which can be prohibitively expensive for a smaller trust. The other option is a fixed annual percentage of the net worth of the trust, which may in general be better for trusts under $300,000.
Obviously if Bill Gates set up a trust for his children, the hourly rate would be considerably more advantageous compared to the other option.
GSS's sister institution, Partners in Care, has been reviewed on Insider Pages:
http://www.insiderpages.…
Non-promotional Information on this organization is very scarce:
http://seattletimes.com/…
http://seattletimes.com/…
It is very important that parents be concerned about the future of a disabled child after the former die, even if they cannot leave the child a direct inheritance.
This non-profit is one of a handful of specialized professional services that provides both guardianship and trusteeship in the above cases.
It was not very easy to get answers from these people, even though it is obviously a very big decision to entrust the finances to one entity. GSS's website provides some information, but it is drawn in very broad strokes.
And a Google search reveals limited amount of information upon which to base a decision.
One of the most important things to know about them is that they charge an hourly rate, anywhere from $65 to $125, for their services, which can be prohibitively expensive for a smaller trust. The other option is a fixed annual percentage of the net worth of the trust, which may in general be better for trusts under $300,000.
Obviously if Bill Gates set up a trust for his children, the hourly rate would be considerably more advantageous compared to the other option.
GSS's sister institution, Partners in Care, has been reviewed on Insider Pages:
http://www.insiderpages.…
Non-promotional Information on this organization is very scarce:
http://seattletimes.com/…
http://seattletimes.com/…
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