The Hidden Pitfalls of Trust Funds: What You Need to Know Before Investing
Trust funds are often heralded as a financial safety net, providing a structured way to manage and distribute wealth across generations. While they can offer numerous benefits, such as tax advantages and asset protection, it’s crucial to understand the potential disadvantages that can accompany them. This article delves into the complexities of trust funds, highlighting the drawbacks that may not be immediately apparent to those considering this financial vehicle.