Trust Fund are useful in estate planning, provide income for minor children and for the less-wealthy person

২৪ শে আগস্ট, ২০১৫ বিকাল ৩:৪৬

Govt. proposed trust fund would be an account for the community clinics run by the local people. A trust fund is a legal entity that holds some type of assets that another person or group will benefit from. Trust funds are set up as legal entities for the benefit of group or individual. The donation from the well-off people, different organizations and the people who receive services from the clinics would also be accepted. Most people assume trust funds are only for rich people, but there are many reasons a less-wealthy person might establish a trust fund. a trust fund can be used to provide income for minor children. Trust funds are useful in estate planning because they can be used as vehicles to easily transfer your assets to your beneficiaries when you die. Putting your assets in a trust fund can also protect them from costly estate taxes. Present government would set up a trust fund to run effectively the community clinics to improve further the health delivery system in the poorly-managed South Asian country.

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