Trust Funds Made The Modern World (opens in new tab)

Benedict Springbett | 16th June 2026 | UIn progress we trustTrust funds do not have a good reputation. The ‘trust fund baby’ is the child of a wealthy family whose lavish lifestyle is funded by their parents’ money. As well as the super-wealthy, trusts are associated with tax avoidance, offshore financial centres, and shadowy, complex chains of ownership of assets.In fact, trusts are everywhere. In the parts of the world which use law derived from English law, they are as important a legal co...