Education Trust
Learn about education trusts and how they help families set aside funds specifically for higher education expenses while creating tax-efficient wealth transf...
What are the tax benefits of setting up an education trust?
Education trusts can offer several tax advantages, including potential gift and estate tax reductions when assets are transferred into the trust. Additionally, if structured properly, the trust's income may be taxed at the beneficiary's potentially lower tax rate. Some education trusts also allow for tax-free growth of investments within the trust structure.
