Trust fund

Estate planning for millennials may be more critical than for any previous generation, and the key to avoiding collective insolvency for African Americans.

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Human Trust Fund

Trust fund has become a term that is commonly used when speaking of generational wealth, especially among wealthy people and/or their children. But what is a trust fund? We hear much said about it, but do we really know what it means? In this blog post we will explain trust funds and how they work. #trustfund #trustfundbaby #trustfunds #money #moneymanagement

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Trust funds are more than deposit accounts that enable you to grant a person or organization money -- they are legal entities. The provisions for trust funds determine how different types operate. One thing all trust funds have in common is the existence of a grantor, a trustee, and a beneficiary.

Learn What are Trusts, Trust Account, Investment Trust, and more with these simple, stress saving financial tips, education, and news from Napkin Finance