What Is a Trust Fund
A trust fund is a legal entity that holds assets or property for a person or organization and is a tool for estate planning. Money, real estate, stocks, bonds, a business, or a combination of many different kinds of properties or assets can all be held in trust funds. A trust fund can only be established by three parties: the beneficiary, the trustee, and the grantor. The trustee is responsible for managing the trust funds on behalf of the grantor and beneficiary. It is possible to establish trust funds in a variety of ways and under a variety of conditions. …
