Does a Trust Fund Count as a Gift?

Is does a Trust Fund Count as a Gift a question on your mind? Find out key explanations right here.

You can name your spouse, sibling, friend, or trusted advisor as the trustee, enabling you to retain indirect control of the assets by influencing their decisions. In some circumstances, you can make yourself the trustee, which gives you sole discretion over what happens to the assets, including decisions about distributions to the beneficiaries.