Episode 165: Helping the Grandkids Without Overstepping
The cost of educating children continues to rise, and many grandparents would love to help their families — but how can they do it without overstepping?
Tim is joined by Amy Parsons from Futurity to explore how Education Bonds can give grandparents a flexible way to plan ahead for their grandchildren's education.
They discuss how grandparents can retain control of the investment while nominating grandchildren as beneficiaries, provide for multiple grandchildren, and even start planning before future grandchildren have been born.
They also explore one of the more interesting possibilities — grandparents can quietly start building an investment today and decide later when, or even whether, to tell their family about it.
Plus, Amy explains the wide range of education expenses that can potentially be covered and why Education Bonds can adapt as family circumstances change.
A great conversation for grandparents who want to give the next generation a helping hand — without getting in the way.
Connect with Amy: https://www.linkedin.com/in/amy-parsons-3882a030/Relevant links:
Futurity https://www.futurityinvest.com.au/ Insights https://www.futurityinvest.com.au/insights