Early 2000’s reality television was dominated by “trust fund babies,” spoiled heiresses running around in small skirts with smaller dogs and even smaller brains. So you’d be forgiven if you thought that trusts were for the mega-wealthy, people whose fortunes would fund generations of selfie-taking offspring.
Outside of TV, the truth is that a lot of people could benefit from a trust – if you own property, it’s a pretty good idea to have one. Still...