Preserving Your Legacy through Education Introducing the FBN Trustees Children Education Trust
Mike’s first day is ending in a hot mess. He just resumed as the manager at his dad’s small business and as he watched the clock wind up to 5pm, he wished he could be anywhere but the vast expanse that is the manager’s office.
He wasn’t ready for this life. He wasn’t prepared for this life.
After his dad passed, he had to settle for a second-rate University that didn’t even teach a standard syllabus. Now here he is, an Economics graduate still confused by cost – benefit analysis.
Creating a plan that will ensure your loved ones are cared for whether you are there or not, could be the one decision that you will be remembered for. An Education Trust (which details a granular plan for your child’s education) is a smart plan towards preserving your legacy for generations to come.
With a plan like that, you can be rest assured that there are capable heirs to carry on your legacy, and avoid uncomfortable aftermaths like an heir who is not properly equipped to manage your estate.
Consider the FBN Trustees Children Education Trust. With it, you can define specific objectives you have for the education of your children and when the trust is to be deployed.
Although there are other alternatives to planning your child’s education, the Children Education Trust is the most stable, and because it bypasses probate and Estate tax, it is arguably the smartest.
As experts, we recommend starting your plan early. Set up a Trust immediately your child is born to ensure the fund is built up to a respectable sum by the time it’s needed. At the end of the day, your reward will be in knowing that you have equipped your wards to carry on your legacy with confidence.
At FBN Trustees, we exist to help make the education planning process easier. Start planning your children’s future today and preserve your legacy. Contact FBN Trustees to schedule a consultation.
A member of the reputed FBN Holdings Group, we are a team of experts who have in-depth industry knowledge, local awareness and relevant experience, having helped develop wealth transfer plans for families over several decades.
You can count on us to provide you with bespoke solutions to address your wealth transfer objectives, especially as we know that no two individuals have exactly the same needs.