In California and throughout the country, opioid overdoses are the biggest cause of death for persons under 50. It is estimated that about 12 percent of American families have a relative who is addicted to opioid narcotics. In some families, new ways of providing financial assistance to afflicted persons are being formulated, with the emphasis on obtaining rehabilitation, educational programs and various health care programs through trust administration plans.
The financial vehicles being utilized are sometimes referred to as "opioid trusts." One important consideration in using this kind of financial management tool for an afflicted family member is the inability to trust the individual with a significant amount of money. Addicts are known almost universally to have little contact with reality when deciding what to do with and how to spend their money. Parents and other concerned family members do not want to provide funds that will be used to buy illegal drugs.