what is a trust fund 
a trust fund is an estate planning tool that holds property or assets for a person or an organization trust funds are sometimes simply referred to as trusts they can hold a variety of assets such as money real property stocks bonds a business or a combination of many types of properties or assets establishing a trust fund involves multiple parties the grantor the beneficiary or beneficiaries and the trustee trust funds can have more than one beneficiary they re managed by the trustee who has a fiduciary duty to act in the best interests of the grantor and beneficiaries trust funds can take many forms and they can be established with different stipulations they can be revocable or irrevocable some offer tax benefits and financial protections as well as support for those involved investopedia joules garcia