IT'sME posted :06/07/05Jenifred said:Was anyone able to check on the trust fund? I thought that someone was going to call the credit union earlier this week. Just wondering if anything was uncovered about who can remove funds.
Plus, any responses from The Seagull?
Someone might have mentioned this already but if the person on the phone said off the top of her head "the grandpa", and it is Raven's step-dad, it sounds like the fund IS set up for Kaiden. (At least as far as the people at the bank know.) So it would probably be good to find out what types of guidelines they have on those types of accounts.SouthEastSleuth said:So that must be Raven's step-dad, Jim Bolton. Interesting. I was hoping the CU itself might be the administrator.
Congratulations on your new little girl, NCBanker!!!NCBanker said:We had a beautiful baby girl! She weighed 7lbs. 1oz. and is 19" long. Mom and baby are doing well, though things are crazy at home with dad watching the other 2 little ones!
s_m_s--There are two memorial funds set up. One at SVU as a scholarship fund for a women's soccer player (as I remember). This is the one that I was told by an employee at SVU that Janet's family endorses.surf_moon_stars said:There should only be ONE memorial fund for Kaiden which was the first one established in her honor and memory.
I know the good intentions are there, but if a memorial fund was established for Kaiden ( by family ) then why would ANY other memorial fund in another state be necessary???
That is my :twocents:
Good points, ItsMe--and thanks for the article. Perhaps it was Mr. Bolton's personal CU. Perhaps they offrered to set it up free of charge.ItsMe said:Also, I imagine the IBEW CU is quite small in SLC so they probably know Jim Bolton quite well and it was probably easy to establish. Of course this is all just me thinking........
Thank you so much Jenifred, Itsme and juliagoulia.....juliagoulia said:Good points, ItsMe--and thanks for the article. Perhaps it was Mr. Bolton's personal CU. Perhaps they offrered to set it up free of charge.
Still difficult for me to give the benefit of the doubt ...
Actually, I don't know of any banks that charge. The person on the account can spend it any way they want. The donors can only hope that their money is being spent on the right thing. Whenever I donate, I like to donate directly to the place, i.e., when helping with funeral costs, I donate directly to the funeral home, when helping with hospital bills, I donate directly to the hospital toward the bill, etc. I do not like donating directly to a bank account when I don't know what the money is being spent on. It could be being spent on a lying, cheating, embezzler, possible murderer. The nice people donating to the Utah fund have no assurance of what their hard earned money is being spent on!juliagoulia said:Good points, ItsMe--and thanks for the article. Perhaps it was Mr. Bolton's personal CU. Perhaps they offrered to set it up free of charge.
Still difficult for me to give the benefit of the doubt ...
........it IS mind boggling............that a fund set up in utah..........by raven's cousins.........(in arizona ).........adinistered by the grandfather....in janet's name..........to benefit kaiden.........is accesible by raven?ewwwinteresting said:Actually, I don't know of any banks that charge. The person on the account can spend it any way they want. The donors can only hope that their money is being spent on the right thing. Whenever I donate, I like to donate directly to the place, i.e., when helping with funeral costs, I donate directly to the funeral home, when helping with hospital bills, I donate directly to the hospital toward the bill, etc. I do not like donating directly to a bank account when I don't know what the money is being spent on. It could be being spent on a lying, cheating, embezzler, possible murderer. The nice people donating to the Utah fund have no assurance of what their hard earned money is being spent on!
It is my understanding that the account in Utah was set up in the name of Janet Abaroa as a "memorial fund." This fund was established within a day of her murder? By Raven's family. The account is not in Kaiden's name. The funds are at the discretion of the user. Mr. Jim Bolten? To set up a fund in Kaiden's name a ss# for Kaiden would have been necessary.ItsMe said:I found this article for banks when setting up these types of accounts. It suggests that it is mostly up to the bank to trust the individual setting up the account to do with the money what is promised. I would assume that Kaiden's name is on the account & his grandpa is just the administrator. Since Kaiden is too young to take out any money, I would imagine that it would be solely his grandpa's decision on where the funds would go. Maybe the account was set up in Utah because Raven has friends and family there. Or, maybe Arizona & California have statutory support trust laws that govern these types of accounts where Utah doesn't. Of course, I have not been able to verify this yet. Also, I imagine the IBEW CU is quite small in SLC so they probably know Jim Bolton quite well and it was probably easy to establish. Of course this is all just me thinking........
http://www.bankersonline.com/operations/donations.html
Set up within a day of the murder? Goodness that was quick.Moxie said:It is my understanding that the account in Utah was set up in the name of Janet Abaroa as a "memorial fund." This fund was established within a day of her murder? By Raven's family. The account is not in Kaiden's name. The funds are at the discretion of the user. Mr. Jim Bolten? To set up a fund in Kaiden's name a ss# for Kaiden would have been necessary.
One word: Opportunist! Obviously announcing it in NC and VA didn't bring enough money (maybe because those people KNEW Raven)....so family goes to AZ and CA where no one knows Raven or knew him when he was little.....gee how convienent!Jenifred said:Set up within a day of the murder? Goodness that was quick.
The person(s) that can withdrawal funds are the ones on the signature card. I highly doubt the bank will tell anybody who is on the signature card since it is private information. The account can be named the Janet Abaroa Memorial Fund and the Administrators can be set up to be anybody. James Bolton can be the Administrator or Co-Administrator with Raven or his mother. Any of the named Administrators can withdraw funds and do whatever they want with it!Jenifred said:I thought that someone was going to call the bank to see about who can withdrawal funds, etc. Any word yet?
You are so right on lj! There is plenty of time to support Kaiden's college fund. Raven can actually work. It is most likely Raven will remarry and they will have two incomes that can support Kaiden. Throwing Kaiden's name out there to drum up sympathy is pathetic. It's not like Raven had to pay for the funeral or is paying rent or doesn't have a family that can help support him or Kaiden lost both parents. But why do that when they can just beg for free money?lauriej said:........it IS mind boggling............that a fund set up in utah..........by raven's cousins.........(in arizona ).........adinistered by the grandfather....in janet's name..........to benefit kaiden.........is accesible by raven?
...how many good and decent people in the church on the west coast, have donated to this fund, based on the original "seagull article"?
...if the fund is in fact FOR kaiden...and untouchable until he's of college age...then why ? raven is young...healthy.........and capable of getting a JOB............supporting his son...........
...the memorial scholarship set up by janet's family @ SVU is admirable..........this one set up in utah is questionable.....
ewwwinteresting said:You are so right on lj! There is plenty of time to support Kaiden's college fund. Raven can actually work. It is most likely Raven will remarry and they will have two incomes that can support Kaiden. Throwing Kaiden's name out there to drum up sympathy is pathetic. It's not like Raven had to pay for the funeral or is paying rent or doesn't have a family that can help support him or Kaiden lost both parents. But why do that when they can just beg for free money?