how do i start a trust fund 
you ll first have to figure out which type of trust is best suited for you then decide how you ll fund it figure out who you want to appoint as your trustee or successor trustee the final step is to fund the trust be sure a trust fund is the best choice for you your beneficiary and your financial situation seek legal help to set up the proper documents so you re sure the trust will serve the purpose you intend and its terms will be honored by the court the bottom linea trust fund is a living or testamentary trust that s set up to hold and manage assets on behalf of its beneficiaries it can be either revocable or irrevocable depending on the purposes you want it to serve and how much control you re willing to relinquish both types of trusts avoid probate but only irrevocable trusts can dodge estate taxes and avoid creditor claims trust funds can serve a multitude of purposes your best bet is to consult with a legal professional if you think one might be right for you a professional can guide you to what type of trust will most fully meet your needs they can ensure that the formation documents are created properly so they ll achieve your goals and hold up in court should anyone contest the trust s terms 