Trust Funds

Trust funds are legal arrangements where a person (the grantor) allocates assets to a trustee, who manages them on behalf of beneficiaries according to specific instructions. They are used to protect and effectively pass assets like money, property, or investments, often for future generations or specific purposes such as education or charitable causes. Trusts offer control over how and when the assets are distributed, provide privacy, and can help manage taxes and future financial planning. Essentially, a trust acts as a dedicated vehicle for safeguarding and transferring wealth according to the grantor’s wishes.