When you create a trust, you select the state law that will govern it. Often, this is the law of the state where you live. For example, if you live in Florida, Florida law will typically apply to your ...

A trust fund is a legal entity designed for holding assets, not a specific type of account as is thought in the popular imagination. Because of this, trust funds can be the owner of a variety of ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The opening panel of the 60th Heckerling Institute on January 12, 2026 ...