trust fund
Coverage of trust fund in the Nexus archive.
- Sturgeon Lake Cree Nation surprised by trust fees levied by Jeff Rath, seeks to remove him as trustee
The chief of Sturgeon Lake Cree Nation discovered this week that lawyer Jeff Rath allegedly charged millions in fees to the band’s trust fund in 2023 and 2024, leading the nation to seek his removal as trustee.
- Newly retired couples could lose $17K a year in Social Security come 2033: What Americans need to know
Newly retired couples may lose $17,000 annually in Social Security benefits by 2033. The Old-Age and Survivors Insurance (OASI) program, funded by payroll taxes, is paying out more than it collects, forcing the trust fund to use its reserves.
- Potential sale of Williamson Health hospital could have multigenerational impact on county
Williamson County commissioners are considering a $950 million sale of Williamson Health to Ascension St. Thomas, requiring a two-thirds majority vote. The funds would initially go into a trust before being allocated for major county projects. Public input is emphasized as part of the decision-making process.
- Nick Reiner seeks trust fund release from judge during trial of his parents' murder
Nick Reiner, accused of killing his parents Rob and Estelle Reiner last December, is requesting a judge to release funds from his trust. The case is being reported by Carter Evans.
- Rob Reiner’s son Nick seeks money from trust fund to pay for his defense in parents' killings
Rob Reiner’s son Nick is seeking funds from a trust to cover legal defense costs related to his parents' killings. The trustees overseeing the trust have denied access to the funds without providing legal justification.
- Rob Reiner's son Nick seeks $1.5M from trust fund for defense in parents' killings
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December. He is seeking $1.5 million from a trust fund to cover legal defense costs.
- Nick Reiner demands access to $1.5M trust fund to fight charges in parents’ murders
Nick Reiner, a 'Being Charlie' writer, filed a petition to access a $1.5M trust fund he claims was payable upon turning 30 in 2023 to fund his defense against charges related to his parents' murders.
- Nick Reiner demands access to $1.5M trust fund to fight charges in parents’ murders
Nick Reiner filed a petition to access a $1.5M trust fund, which he claims he was entitled to receive upon turning 30 in 2023, to defend himself against charges related to his parents' murders.
- Social Security checks could be cut by $500 a month in 2032, report finds
A report indicates Social Security checks could decrease by $500 monthly, or about 24%, in 2032 if the trust fund is depleted. Payments would still be made, but at a reduced amount.
- Teachers union on property tax plan: ‘The stakes for public education are enormous’
Florida Education Association President Andrew Spar criticized Gov. Ron DeSantis' proposal to increase the homestead property tax exemption, warning it would jeopardize school funding. The plan, which would exempt $150,000 of a homestead's value from taxes in 2027 and $250,000 in 2028, could reduce local revenue critical for schools, which rely on 46% of the Florida Education Finance Program from local funding. DeSantis proposed a trust fund to offset the impact, but the Florida House's similar amendment failed to advance in the Senate.