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Parents hope for answers about missing $250K after special needs trust fund company s bankruptcy filing

The parents of a daughter with disabilities hopes to finally have some answers after claiming a quarter of a million dollars went missing from the same St. Petersburg special needs trust fund company that recently filed for bankruptcy, accusing its founder of mishandling funds.

The founder of a St Pete trust fund is accused of taking $100 million

Special needs trust fund company files for bankruptcy, founder accused of taking $100M

The founder of a Pinellas County trust fund company that manages funds for people with special needs is accused of taking $100 million and causing the business to file for bankruptcy.

Cumberland Trust names special needs director

Cumberland Trust has promoted a firm veteran to director of its special needs trust administration team, an area of recent growth for the firm. Charlotte English first joined Nashville-based Cumberland as a trust officer in 2013 after earning a bachelor’s degree in environmental studies with a minor in business from the University of Tennessee and a law degree from the Nashville School of Law. In 2015 and 2016, she worked as an attorney at the former Clarcor in Cool Springs before returning to Cumberland in November 2016. “Charlotte has been a dedicated and valuable member of our Special Needs Trust Administration team for many years,” said Pepe Presley, Cumberland’s chairman, president and CEO. “I am confident that with her extensive experience she will lead the Special Needs Trust Administration team well.”

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