Legal Entity That Manages Money for Your Kids

This page is the CodyCross answer for the clue below from Hobbies, Group 1403, Puzzle 1 (Interior Design).

Question is: Legal Entity That Manages Money for Your Kids

and the answer is: TRUSTFUND

Word Meaning:

TRUST FUND — (law) Property held by a trustee in a trust established by a grantor for a beneficiary.

Definitions from Wiktionary.