To start, you will need an email address, your bank account routing and account number, cell phone, address, phone number, and about 10 minutes to set up an account.Here’s a few basic steps to set up a GoFundMe that go beyond just ‘setting up a page’: The latest is a fundraiser-in-progress for a family in Puerto Rico. I’ve run a few campaigns – for myself and others needs. LPA in New Philadelphia.Everyday there are reports on the news that include a ‘ GoFundMe’ – a page where people try to raise money online for themselves or others. He is with the firm Krugliak, Wilkins, Griffiths & Dougherty Co. Contini II is a certified specialist in estate planning, Trust & Probate Law by the OSBA. NOTE: This general summary of the law should not be used to solve individual problems since slight changes in the fact situation may require a material variance in the applicable legal advice.Īttorney James F. Therefore, before any individual sets up a GoFundMe account or other type of crowdfunding account it is very wise to contact an estate planning attorney to make sure that the plan is set in place to develop a special needs trust in certain types of situations. However, the beneficiary should also be able to obtain various governmental benefits to help them with their basic needs. However, this trust is also sometimes referred to as a wholly discretionary trust because it is totally up to the trustee’s discretion to determine whether the beneficiary receives any funds and what those funds will be used for.Īs a result of this type of planning the individual in the GoFundMe account will be able to be the beneficiary of this special needs trust to receive funds for extra supplemental needs. Specifically, the funds will not be allowed to be used for food, clothing, or shelter, or any basic needs. The terms of the special needs trust will provide for very specific reasons that the trustee can distribute funds to the beneficiary to use the funds. The individual who the GoFundMe account was set up for will be the beneficiary of the trust.
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