What is a trust fund? First, you need to have a working definition of a trust. Then, we can answer the question. Hi, I'm Gary DeWitt, an estate planning attorney in Northwest Arkansas. A trust legally is a contract between the trustee and the grantor, the person who created the trust for the benefit of a third party, the beneficiary. The grantor gives legal title to the trustee who manages the assets in the trust for the ultimate benefit of the beneficiary. A trust fund is the pool of assets managed in the trust. In other words, it is all the property and stuff that has been legally transferred to the trustee. Assets in the trust fund can consist of cash, real estate, most stocks, bonds, and much more. Feel free to call with your questions or to get my free book, Secrets of Excellent Estate Planning. The book is also available on a website. I will show you how to protect what you have today and once you leave it to your children tomorrow. You'll be able to take advantage of my estate planning legal strategies without you or your loved ones having to deal with probate courts, long settlement delays, and death tax.
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Video instructions and help with filling out and completing Who Form 1120 Reit Taxable
