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Cash on delivery

The movement to give every American a trust fund at birth

Supporters of government-created trust funds compare them to other broad asset-building programs like the GI Bill and the Homestead Act of 1862, in which families could earn a piece of land by settling it. Supporters of government-created trust funds compare them to other broad asset-building programs like the GI Bill and the Homestead Act of 1862, in which families could earn a piece of land by settling it. (MPI/Getty Images)
By Rebecca Tuhus-Dubrow
February 1, 2009

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TRUST FUNDS, IN the popular imagination, go along with Park Avenue addresses, weekend jaunts to Paris, and summer as a verb. Like a private SAT tutor or a boarding-school diploma, a trust fund symbolizes the enormous edge enjoyed by the rich before adulthood even starts. (Full article: 2254 words)

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