=+2.8 Everyday Application: Setting up a College Trust Fund: Suppose that you, after studying economics in college, quickly became rich, so rich that you have nothing better to do than worry about your 16-year-old niece who can’t seem to focus on her future. Your niece already has a trust fund that will pay her a nice yearly income of $50,000 starting when she is 18, and she has no other means of support.