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  Creating a Trust funds If you’ve ever wondered how generational wealth has been passed through generations such as the famous Rockefeller family, and why some couldn’t retain the wealth after the second generatio webapex.net n. Trust fund is a way to retain generational wealth, and here is a lesson about trust funds — A trust fund is any fund including assets/wealth belonging to a trust, and held by a trustee for a beneficiary. Wealthy families such as the Rockefeller family uses trust funds and sort to distribute wealth through generations. You will ask, how does a trust fund work westernmagazine.org ? Simple! There is always a three-party involved in setting a trust fund. 1.    The grantor: This is the individual who created the trust fund, with a purpose and donates property/wealth to the fund. This individual is ysin.org also the sole decision-maker upon which how it must be managed. 2.    The beneficiary: This is the person for whom the trust fund was estab