What is Trust Fund Baby?
1.
A young person whose parents are wealthy and have set up a trust for their son or daughter. The trust fund ensures that the child will be taken care of financially for life.
That guy is a trust fund baby. Since he doesn't need to work, he's just going to law school to pass the time and to learn how to protect his inheritance when the time comes.
See
2.
one who lives off their parents
that
jerry todd's parents pay for everything and he doesn't do shit. he's such a trust fund baby.