How Does a Trust Fund Work?

Answer

A trust fund is the legal arrangement of whereby an owner of assets entrusts the responsibility of holding and managing those assets to a person or an association. It works by making assets or funds available to the trust fund recipient the time which is stated.
1 Additional Answer
A trust fund is where Transfer fees and taxes may be levied on the assets that are transferred to the trust.Trust funds are more like investments and savings accounts
Q&A Related to "How Does a Trust Fund Work"
You can start a trust fund one of two ways. The most common is usually through a lawyer when it is an extreme amount of money or property that is going to be set aside for someone
http://answers.ask.com/Business/Finance/how_to_sta...
1. Verify in writing the authority for dissolving the trust. The authority may stem from a clause within the trust document, an order you received from a judge or a legal statute.
http://www.ehow.com/how_12061095_dissolve-trust-fu...
Trust funds are funds set aside by parents for their children. The funds gain interest and grow as time passes wh
http://www.ask.com/question/how-do-trust-funds-wor...
1 Decide what type of trust best suits your needs. Do you want a living trust that can accessed while you are still living? This is a good option if the trust is for your children
http://www.wikihow.com/Create-a-Trust-Fund
Explore this Topic
Trust funds work by providing financial security to children in case their parents get older. They come in forms such as CDs, bonds, stocks and savings account ...
Trust funds are funds set aside by parents for their children. The funds gain interest and grow as time passes while the children get older. The funds provide ...
A trust fund is a fund that most parents keep for their children. This will provide financial security for the children. These funds come in many forms and terms ...
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