What Is a Trust Fund and How Does It Work? Definition and …
https://smartasset.com/retirement/what-is-a-trust-fund
WEBAug 29, 2023 · A trust fund is a legal entity that holds property or assets on behalf of another person, group, or organization. It is an estate planning tool that keeps your assets in a trust managed by a neutral third party or trustee. A trust fund can include money, property, stock, a business, or a combination of these.
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