All parents wish for a secure future for their children and to achieve this it starts with a good education plan. Typically, an Education Trust set up in the lifetime of the sponsor ensures the education of the children is secured because the Education Trust fund would cater for their educational needs. This arrangement can also take care of instructions to the Trustee in case of incapacitation or death of the sponsor.

An education Trust is established to pay for tuition, books, and/or other education related expenses of named beneficiaries in the Trust. Trust payments are made directly to the school on tuition, books, or other. The sponsor of the Trust can designate his/her children, grandchildren, or wards as beneficiaries to the trust.