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trust fund
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Ever heard of a trust fund? Is it something you should consider? Bill Newburn, President of Southside Wealth Management, says, “In its most simplest terms a trust fund is an account with instructions on it. Our job in the trust department is to make sure that those instructions are carried out.”

A trust fund is designed to ensure that assets are managed and distributed according to the grantor’s wishes. A person might decide they need a trust due to one or more of the following benefits: protecting assets, incapacity planning, avoiding probate, tax benefits, or privacy.

Learn more about trust funds in our latest article at: southside.com/blog/post/trust.

We want you to know that investment products provided by Southside Wealth Management: Are Not Insured by the FDIC or Any Federal Government Agency | May Lose Value | Are Subject to Risk | Are Not Bank Guaranteed | Are Not Deposits