<prompt> Human: The reasoning for my question is, my daughters grandfather passed away. My daughter is 2 He had quite a bit of money, Instead of flowers, donations are being made for my daughters trust fund for college. My only concern is, my daughters father is not very responsible. Hes selfish, and Im afraid that this trust fund for my daughter is basically free money going right into his pocket. You see Im 25, and her father is only 22. He is very immature, and has a drug habit. I just want to make sure that this account will be for my daughter only, and no one but her will be able to access it untill she is 18. But I have no idea how trust funds work.  <response>: If its for college I would open a 529 account. You can be the owner and have full control over it. She will be the beneficiary.A more traditional trust fund is expensive to set up and not really want you want here. 