For trust funds, set a concrete goal.(online information on establishing a trust fund)(Brief Article)

Q: My mom and I are interested in establishing a trust fond. Are there any online sources that can provide information?

--DeVawn Porter

Southfield, Michigan

A: Going on the Net is certainly one way to obtain information on establishing a trust fund. But first establish the purpose for setting up a trust fund or custodian account.

No matter how young the child is, "establish with your child what the goal is," says Gall Perry-Mason, vice president of investments at First of Michigan in Detroit--a division of Fahnestock in New York--whether it's saving for a college education or to buy a new car.

There are several ways to invest …