Read more: The World's Wealthiest People Have These Everyday Habits In Common An irrevocable trust is a legal entity that can take ownership of your assets. Anything you might own can be ...
Trust funds are estate planning tools used to accumulate wealth for future generations. Beneficiaries are responsible for paying taxes on money inherited from a trust.
Hero Images / Getty Images A trust fund is a legal entity established to hold property or other assets for another person or organization. It is typically regarded as an estate planning tool that ...