Education Trusts

Trust funds allow a grantor to establish specifically designated funds that provide financial security to an individual, most often a child or grandchild, or organization, like a charity or other nonprofit. Trust funds can help you establish financial security for your children, minimize death taxes and in the process preserve your children’s own capital. One commonly used example is an Education Trust Fund.

Pay for a loved one’s tuition with a trust fund that states how the money is to be used.

Educational Trusts are trust funds that a parent or benefactor can set up and designate to be specifically used for education. These funds allow you to pass assets on to your child for their education and can be a flexible way to invest in your child’s future.

At Barnum, we recognize that a good education provides more than just a diploma or degree; it is the foundation of a solid future. We will work with your attorneys and trusted advisors to help you forecast your family’s educational needs and help you save accordingly, so you’ll be ready to help fund their education well before that acceptance letter arrives in the mail.

Representatives do not provide tax and/or legal advice. Clients should confer with their qualified legal, tax and accounting advisors as appropriate.

Other Education Planning Resources

529 Accounts

Save for college and education expenses, and enjoy tax advantages as well.

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Life Insurance

Protect who and what matters most- today, tomorrow, and for years to come.

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Student Loans

Student loans can help fill the gaps between what you may have saved for your education and the scholarships you receive.

Learn More