With Social Security trust funds estimated to run out in less than a decade, some Americans wonder if Congress will step in ...

Sens. Bill Cassidy (R-La.) and Tim Kaine (D-Va.) proposed a new method to account for the expected lapse in the Social Security Trust Fund. A June report from the program’s Old-Age and Survivors ...

When you hear the word trust fund, you might think of the uber-wealthy giving their kids a big chunk of cash on their 25th birthday. But trust funds aren’t just for the rich. A trust fund is an ...

Some assets are easy to transfer, while others are more complex and may need professional help. A […] The post How to Fund a Trust: Step-By-Step Guide appeared first on SmartReads by SmartAsset.

Many of the richests pets across the globe got their money through famous inheritances - but are such arrangements actually legal? Here's what we know.

A trust fund is a legal entity that holds and manages assets on behalf of beneficiaries. The benefits of a trust depend on whether it's revocable or irrevocable.

The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.

There are plenty of reasons it may make sense for you to set up a trust fund for your children or grandchildren. You may want to exercise more control over how your assets are passed on after your ...

7. Some trust fund babies redefine success on their own terms Despite being born into privilege, many trust fund babies work hard to establish their own identities and careers.

A 27-year-old Reddit user is considering buying a home. However, his situation is a unique one, because he doesn’t earn income from a job. Instead, he receives $130,000 annually from $4.5 ...

New York socialite and daughter of late oil tycoon Marvin Davis, Patty Raynes, was found on Thursday morning in her Palm Beach, Fla. home. She was 70.

Socialite Patty Raynes was looking forward to getting back to her New York social circle before she was found dead by her housekeeper in Wellington, Fla.