A trust fund is an estate planning tool that establishes a legal entity to hold property or assets for a person or organization, managed by a trustee who is a neutral third party. Trust funds can hold a variety of assets such as money, real property, stocks and bonds, a business, or a combination of many different types of properties or assets. Trusts can be formed under a variety of forms and stipulations.
Click to rate this post!
[Total: 0 Average: 0]