Page 48 - Senior Link Magazine Winter 2019- Online Magazine
P. 48

encouraging “coach” – making everyone
            around him feel good. He’s found meaning                      A WORD
            in this new chapter of his life, and Sharon
            is working hard to find purpose as well.
            Music has always been a part of her life,
            and she enjoys teaching the weekly music
            therapy class at Gary’s new home.                             ABOUT


            The Texas High School Hall of Fame Coach
            had a career record of 127-93-5, and his
            success can be attributed to hard work and                    SPECIAL
            dedication and, Linda adds, “the woman
            who supported him through it all.” “We’ve
            had a great life. God has always been at
            the center of it – even in the hard times. I
            wouldn’t trade it for anything. Gary is the                   NEEDS
            love of my life,” Sharon says, and her tears
            tell a story no book can dispute.
                                                                          TRUSTS









                                                                   by Lee Franks


                                                                   First off, many estate planners use the phrase
                                                                   “supplemental needs trust” since such trusts
                                                                   are designed to supplement and not supplant
                                                                   or eliminate sources of support for people
                                                                   with disabilities, such as Supplemental
                                                                   Security Income (SSI) and Medicaid. Also,
                                                                   most folks have only limited experience with
                                                                   trusts and may misunderstand how trusts
                                                                   operate in general.
                                                                   In simple terms, a trustor (also known as
                                                                   a settlor or grantor) and a trustee execute
                                                                   an agreement for the trustee to own and
                                                                   take care of property for the benefit of one
                                                                   or more beneficiaries and to distribute
                                                                   that property or the income from it to the
                                                                   beneficiaries according to that agreement.  In
                                                                   a sense, a trust operates like a partnership
                                                                   between the trustor (the creator) and trustee
                                                                   (the manager), and it is the business of the
                                                                   partnership to manage property and to
                                                                   make payments to one or more beneficiaries,
                     Poem by Ainsley Gaines





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