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The phrase “trust fund” is commonly linked to trusts produced by rich mom and dad for his or her kids, inspiring the expression “trust fund newborn” in well-known tradition. Nevertheless trust resources are an estate arranging Resource frequently utilized to preserve wealth for foreseeable future generations, they’re not entirely for large inheritances or individuals with substantial estates.
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Wise Vocabulary: similar text and phrases Trusts & cash annuity blind trust charitable trust covenant anything to anyone/some thing fund funding holding organization kitty mutual fund non-discretionary pension fund pension system slush fund support syndic the Consolidated Fund trust fund trustee trusteeship device trust See more outcomes »
NerdWallet's scores are based on our editorial team. The scoring formula requires under consideration aspects like pricing, ease of use, breadth of offerings, customer care choices and even more.
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