1. Money

Trust Fund

By

Definition: In the estate planning context, a trust fund has several different meanings:

  • The property that is owned by a trust, which can include cash, stocks, bonds, personal effects, life insurance, business interests, and real estate.

  • A type of irrevocable trust that is designed to provide long term support and benefits to an individual beneficiary, a group of beneficiaries, an individual organization, or a group of organizations.
Also Known As: Trust Corpus, Trust Funds

©2014 About.com. All rights reserved.