Contributions and Allocations
Proudly Serving Persons with Disabilities for Over 30 Years
Contributions & Allocations in a Family Pooled Fund
Serving Clients in Florida & Nationwide
A family pooled fund is a valuable financial tool that allows families to contribute assets and funds for the benefit of a family member with a disability. Understanding how contributions and allocations work in such a fund is crucial for effective management and distribution of resources.
If you need assistance with contributions and allocations, call our Florida law firm at (727) 291-8046.
Family Pooled Fund Contributions
- Financial Contributions: Family members can contribute cash, investments, real estate, or other valuable assets into the pooled fund. These contributions are consolidated to create a more substantial fund, enhancing investment opportunities.
- Estate Planning Contributions: Incorporating the family pooled fund into estate planning allows for directed bequests and inheritances, ensuring continuous financial support for the family member with a disability even after the passing of the contributing family members.
- Third-Party Contributions: Beyond immediate family, third parties such as friends or relatives can also contribute to the pooled fund, further strengthening the available financial support.
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Family Network is a team-oriented workplace that takes pride in serving its clientsS. K.
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They take care of everything, leaving us more time to take care of my Mother who resides in a nursing home.B.M.
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A wealth of information!Dee
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My family and I have been working with FND for almost 3 years now and the experience has been nothing but amazing.M.O.
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I couldn’t be happier with the relationships we have at FND!L.M.
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I can’t thank her enough for her kindness, her genuineness, her promptness and professionalism.P.A.
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I’d definitely recommend FND to family and friends. You guys are awesome. Thank you FND.F.F.
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I know they have our child's best interest at heart and we couldn't be more pleased with having someone we know we can trust guiding us along.T.R.