Show 4 l I The Need of Trust Funds Funds' 1 I By DOROTHY BROOKS DROOKS The younger generation today is accused of ot 1 being extravagant Too many symptoms of ot their expenditures expenditures expendi expendi- tures would indicate this People who them themselves selves have an appreciation of money which Is not known by those who are supported With a a. knowledge o of th the value of ot money people want to to learn th the possibilities of saving so that th the future would find them comfortable Every one who wants security for the future is interested ii 11 In trust funds t Parents who want to provide for their children should protect them by a trust fund This Thill does not necessarily mean that a lump sum must be placed on deposit A A. small mall amount every week or month or year can make a n trust fund a reality reamy It c can n be created created cre cre- by will or in many other ways Not long ago a a. woman oman called caned to see set me She wag not married d and wan ed a a. trust fund created for tor her nieces and nephews T These ese children were im under r. r 12 years ot of age The reason for or a fund Va wa evident Her sister the mother moth r of 01 these children was not ac accustomed ac- ac cuSt med to handling money The woman desired a tryst st fund because she sha wanted security forthe the chit chil dren In this trust arrangements were made forthe for tor the education and maintenance of ot each child up to a c certain age 5 Trusts are necessities where provision is made for tor children Adults can create trust funds for them them- selves There are living trusts as well as aa trusts after death Many Important factors enter into the establishment of such an arrangement nt and one shoUld be well advised Any loophole may serve to destroy the intention of ot the one who planned for the trust Parents tod today y are making It possible through trusts to provide for tor or their children This method of ol income reSUl regulates expenditures It becomes a habit habil in time beMuse because of its Hs regularity For those who vho ap p- p value alUe p pt y the trust fund is a great assistance and for those who do not It is a ne necessary essary ch check ck reIn J I JS S |