A trust fund is a legal entity that holds and manages assets ... wills are generally simpler and less expensive to create, allow guardianship appointments for minor children and are easier for ...

Appointing a trustee is one of the most critical steps in setting up a trust fund. ljubaphoto / Getty Images A trust is a legal entity ... you should name a guardian for them in your will.

There isn't one single operational structure, but rather multiple types of legal agreements and countless ways to specify how you want your assets distributed. Here are the trust fund basics you ...

At worst, neglecting to appoint a guardian can result in protracted legal proceedings that ... as a parent is to set up a trust and have a trustee manage the funds for the child, which could ...