Some more info about the trust...BBM
Joshua Duckett praises settlement
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The agreement between CNN and the estate of Melinda Duckett was reached in federal court in Ocala and calls for $200,000 to be placed in a trust fund and administered by Kathy Calvert, Trenton's adoptive grandmother.
The purpose of the fund is to find Trenton, who would be 6 today.
CNN will create the Trenton Duckett Irrevocable Trust in the amount of $200,000 to find the boy, according the settlement. If Trenton is found alive before his 13th birthday, all remaining money is dedicated to Trenton, and he can use it when he turns 18.
If Trenton is not found or is found dead before he is 13, all remaining money goes to the National Center for Missing and Exploited Children (NCMEC).
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"I welcome Melinda's family's help in the search for Trenton," Joshua Duckett said in a statement. "It's not every day that a single missing child receives $200,000 to aid in their search. And if for some reason, Trenton is not found in seven years, the money is transferred to NCMEC to help with other children. This is a blessing."
Duckett said he thinks Calvert will manage the money well.
"I do not want this settlement to cause chaos and unscrupulous people asking for money because they are supposedly searching for Trenton," Duckett said.
The money should go to legitimate purposes such as law enforcement and the family following up on leads, he said, adding that the family still receives numerous tips on Trenton's whereabouts every month.
More:
http://www.dailycommercial.com/111010duckett2