Sunday, September 13, 2009

Should you Set up a Trust Fund for your child?

In this economy, many of us can hardly fathom the idea of even having extra money.  Many are out of work, unemployment insurance has been exhausted, or we attend work every day-worrying if we will have a job or not. I don't care how many times congress says that it is getting better---I don't believe it isn't. Or else, now it has finally begun to trickle down to us middle and lower class.  Retail stores are still closing, filing for bankruptcy, or cutting hours of their employees.

--While presently, the econmy is shaky, we still are concerned for our future--and definitely those of us who are parents-we worry about our children. How will we pay for college?... what about when they start out on their own? ...or when they get married?..

Sometimes when we come across some extra money-and can afford to put it back into a savings account--or perhaps a trust-it is a good financial -future-move.  Setting up a trust fund for our children is quite easy--once we have the funding that is.

--I had to write an article about how to set up a trust fund for your child, and if you have the means to do it, it really could be a great decision. ...

---Read the link to the article below, if you would like to set up a trust fund for your child--or perhaps grandchild some day--it can provide some good tips....
http://www.edubook.com/setting-up-childrens-trust-fund/13464/

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