Under existing law, the Alabama Family Trust was established to supplement the basic support provided by state government and other governmental programs and provide for medical, social, or other supplemental services for persons with a physical or mental impairment that substantially limits one or more major life activities as determined by the Social Security Administration.
Under existing law, the word donor is used to refer to a person or entity who contributes assets to the Alabama Family Trust to establish an account for a life beneficiary.
This bill would replace the word donor with either contributor, any person who contributes assets to the account of the life beneficiary, or settlor, any person who establishes an Alabama Family Trust account for a life beneficiary.
Indefinitely Postponed
Read for the second time and placed on the calendar
Waggoner motion to rerefer Tabled Roll Call 335
Read for the first time and referred to the Senate committee on Children, Youth Affairs, and Human Resources
Source: Alabama Legislature