While
high school graduation is a time to celebrate for many, the thought of
sending kids off to college has many parents shaking in their financial
boots. While
opening up a savings account might seem like a responsible move, there
is a smarter option: the trust fund – they’re not just for the
rich anymore.
TrustEgg
lets anyone set up a trust fund online, for free, without complicated
paperwork or expensive advisers to pay. In fact, it is easier to set up
than a savings account, has the protection of a trust, earns a market
rate of return and the money saved is more flexible than earned in a 529
plan.
As
an added benefit, friends and family can be invited to contribute in
lieu of gifts – they can even leave messages, creating a virtual time
capsule for recipients to look back on.
Find out how TrustEgg works for yourself.
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