Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I am in the fortunate position of cashing out a bunch of company stock to become a "thousand-aire". I would like to use some of the money to create a trust fund or something like that for a 10yr old girl I mentor so she can go to college - her family could never afford to send her. How much should I give - assuming this is an 8 year investment till she needs the money? Does anyone know how this is done or have suggestions on the best way to set it up? I don't want her to use it until she's of age and I also want to make sure it's used only for education expenses.

Print the post  


Paying For School Guide
Trying to Tackle Tuition? The Motley Fool's Guide to Paying for School will help you fight those rising education costs.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.