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  1. Dictionary
    Trust fund
    /ˈtrəst ˌfənd/

    noun

    • 1. a fund consisting of assets belonging to a trust, held by the trustees for the beneficiaries.

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  2. www.investopedia.com › terms › tWhat Is a Trust Fund and How Does It Work? - Investopedia

    Feb 26, 2024 · A trust fund is designed to hold and manage assets on someone else's behalf, with the help of a neutral third party. Trust funds include a grantor,...

  3. www.forbes.com › advisor › investingWhat Is A Trust Fund? – Forbes Advisor

    Jul 15, 2022 · A trust fund is a legal entity that holds assets until an intended recipient is able to receive them. This may be when the recipient reaches a certain age or after the...

  4. www.financestrategists.com › types-of-trusts › trust-fundsTrust Fund | Meaning, Types, Pros, Cons, & How to Set One Up

    Feb 29, 2024 · A trust fund is a legal and financial account that holds assets for a designated beneficiary. Trust funds can be used for a variety of purposes and come in different types. Trust funds provide a convenient way of controlling assets, avoiding probates and conservatorship, thereby maintaining privacy.

  5. smartasset.com › retirement › what-is-a-trust-fundWhat Is a Trust Fund and How Does It Work? Definition and...

    Aug 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.

  6. trustandwill.com › learn › what-is-a-trust-fundWhat Is a Trust Fund & How Do They Work? | Trust & Will

    A Trust Fund is a legal entity that contains assets or property on behalf of a person or organization. Trust Funds are managed by a Trustee, who is named when the Trust is created. Trust Funds can contain money, bank accounts, property, stocks, businesses, heirlooms, and any other investment types.

  7. www.nerdwallet.com › estate-planning › setting-up-a-trustWhat Is a Trust? How It Works, Types, Benefits - NerdWallet

    Feb 12, 2024 · A trust, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person’s assets go to specific beneficiaries.

  8. www.businessinsider.com › how-does-a-trust-fund-work-basicsTrust Fund Essentials: How They Work and Who They Benefit

    Mar 15, 2024 · Trust funds allow you and your heirs to earn an annual income. Learn what a trust fund is, how to set one up, and the types of assets it can hold.

  9. www.thebalancemoney.com › what-is-a-trust-fund-357254What Is a Trust Fund? - The Balance

    Jan 24, 2022 · A trust fund is a special type of legal entity that holds property for the benefit of another person, group, or organization. There are three parties involved in a trust fund: the grantor, the trustee, and the beneficiary.

  10. www.policygenius.com › trusts › trust-fundWhat Is a Trust Fund & Who Needs One? – Policygenius

    Dec 13, 2021 · A trust fund allows the person who created the trust (the grantor) to manage money and assets for the benefit of another person, the trust beneficiary.

  11. www.merriam-webster.com › dictionary › trust fundTrust fund Definition & Meaning - Merriam-Webster

    May 25, 2024 · The meaning of TRUST FUND is property (such as money or securities) settled or held in trust. How to use trust fund in a sentence.

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