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Private & Independent Schools
Reply to "Private school or trust fund"
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[quote=Anonymous]I would say that most full pay families are also saving up money for their kid’s colleges and futures beyond that. It may not be a trust fund, but it could be as simple as buying their first few cars and buying their first house, either a down payment or the whole thing. Your idea of a trust fund is okay but if you want to control the spending of your kids, you just cover their expenses as long as they have their life together. Grad school, starting a career, having children, etc. The idea of just signing over a trust fund means you lose control.[/quote]
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