Which type of assets are typically placed in a trust fund?

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Trust funds can hold a wide variety of assets beyond just one category. Typically, a trust fund may include any type of physical and monetary assets, such as cash, real estate, stocks, bonds, business interests, and personal property. This flexibility is a key characteristic of trust funds, allowing for the tailored management of assets according to the grantor's wishes.

The purpose of a trust fund is to manage and protect these assets, often providing benefits to beneficiaries while potentially avoiding probate. By allowing all types of physical and monetary assets to be placed in a trust, individuals can ensure a comprehensive estate plan that aligns with their goals for asset distribution and management.

In contrast, focusing solely on specific types of assets, such as just real estate, liquid assets, or business interests, would limit the versatility of the trust and not allow for a holistic approach to asset management and protection.

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