What Is a Trust Fund and How Do They Work? Interested in setting up a trust fund? Read on for more on what a trust fund is, how they work, how to set one up and more. Previous Article Pete Davidson Helps Send Taco Bell Breakfast Sales Through the Roof Next Article 'Ultra-Luxury' Real Estate Influencer Busted for Stealing $381,000 in COVID Relief Funds — To Fund Her Lavish Lifestyle